ghtspace X pters 3, 4 & 15 - Test 3- Requires Respondus LockDown Browser imit: 1:30:00 Time Left:0:27:33 Ralph King: Attempt 1 29 30 Question 20 (0.12 points) Saved In order to increase its operating profit margin, a company could: 32 33 A) reduce expenses while maintaining its sales level. (B) replace debt with equity financing to lower interest expense 35 36 .C) increase sales while maintaining its current product mix D) sell more shares of common stock. 38 39 Question 21 (0.12 points) Saved 41 42 Net working capital is equal to: A) total assets minus total liabilities 44 45 B) current assets minus total liabilities C) total operating capital minus net income 47 48 D) current assets minus current liabilities 50 Question 22 (0.12 points) Saved Which of the following statements concerning net income is most correct? A) Net income represents cash available to pay dividends. B) Net income represents sales minus operating expenses at a specific point in time. novo New Hire Tre