Question: What factors contributed to the change in return on assets during the year? The following contributed to the change in return on assets during the
What factors contributed to the change in return on assets during the year?
The following contributed to the change in return on assets during the year: (If an input field is not used in the table leave the field empty; do not select a label.)
choose 3 from all
Average total assets decreased, decreasing asset turnover Average total assets decreased, increasing asset turnover Average total assets increased, decreasing asset turnover Average total assets increased, increasing asset turnover Cost of goods sold as a percent of sales decreased, decreasing net profit margin ratio Cost of goods sold as a percent of sales decreased, increasing net profit margin ratio Cost of goods sold as a percent of sales increased, decreasing net profit margin ratio Cost of goods sold as a percent of sales increased, increasing net profit margin ratio Sales decreased, decreasing net income and profit margin Sales decreased, increasing profit margin
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