please answer the mcq questions

Multiple choice Questions : Q5) A corporation's operating profit margin is equal to A) net income divided by sales. B) EBIT divided by sales. C) EBIT divided by net income. D) sales divided by EBIT. Q6) The basic format of an income statement is A) Sales - Expenses = Profits. B) Income - Expenses = EBIT. C) Sales - Liabilities = Profits. D) Assets - Liabilities = Profits. Q7) Which of the following represents an attempt to measure the net results of the firm's operations (revenues versus expenses) over a given time period? A) balance sheet B) statement of cash flows C) income statement D) sources and uses of funds statement Q8 Which of the following would increase the current ratio of a firm? A) Selling land held for investment for cash. B) Financing the purchase of equipment through a longterm debt issue. C) Selling inventories for cash. D) None of the above