Assuming no changes in other variables, which of the following would increase ROA?
A) An increase in the effective tax rate.
B) A decrease in interest expense.
C) An increase in average assets.
D) A decrease in average assets.
Correct Answer:
Verified
Q28: Which of the following is the best
Q29: In a horizontal or trend analysis, what
Q30: What does the profit margin measure?
A)The percentage
Q31: What is the another name for vertical
Q32: If a user wanted to analyze the
Q34: What is another name for horizontal analysis?
A)Vertical
Q35: If you wanted to compare the increase
Q36: The return on assets ratio is the
Q37: What does the gross margin percentage measure?
A)The
Q38: Gross margin would be a meaningful ratio
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