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2 - Fall 2025 5 6 7 9 10 12 13 14 15 16 18 19 20 21 22 23 24 25 26 27 28 29 Not yet answered 30 31 32 33 34 35 36 Finish attempt ... Time left 2: Question 8 Not yet answered Marked out of 3.00 Flag question The PPE turnover ratio is calculated as (Sales/Average PPE). In 2024 Matador Industries had a PPE turnover ratio of 2.4, and in 2025 Matador's PPE turnover ratio was 3.7. Which explanation below provides the best justification for this change in the PPE turnover ratio? Select one: O a. While sales declined in 2025, the level of PPE increased from 2024 to 2025. O b. Sales remained relatively steady from 2024 to 2025; however, Matador decreased its level of PPE in 2025 to achieve the same level of sales. O c. While the level of PPE remained steady from 2024 to 2025, sales declined in 2025. O d. Sales remained relatively steady from 2024 to 2025; however, Matador increased its level of PPE in 2025 to achieve the same level of sales. Next Previous Save Answers tips://mybusinesscourse.com/platform/mod/quiz/attempt.php?attempt=12089330cmid=663974page=7# DD A DII F11 UJ FO F10 F8 20 F6 F7 F4 F5 F3 F2 # 6 3 4 P

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