Question: QUESTION 13 The Return on Assets ratio will increase if the net income of Company B increases $100,000 while the Assets Decrease $100,000. True False

QUESTION 13

  1. The Return on Assets ratio will increase if the net income of Company B increases $100,000 while the Assets Decrease $100,000.

    True

    False

QUESTION 14

  1. A document known as a 501(c)(3) is :

    A license to raise money

    proof of not-for-profit status

    a description of a certain kind of government grant

    a way for individual donors to hide their true identity

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