The following question relates to PQR, which has the following ratios: return on assets, (ROA) 12 per cent; return on equity (ROE) 15 per cent; and current ratio (CR) of 1.8:1. Additional credit sales of $2 million (cost price $1.5 million) are made. This transaction will:
A) increase ROA, ROE and CR.
B) increase ROA and ROE but not CR.
C) increase ROA and CR but not ROE.
D) increase ROA and ROE but decrease CR.

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The Answer of The following question relates to PQR, which has the following ratios: return on assets, (ROA) 12 per cent; return on equity (ROE) 15 per cent; and current ratio (CR) of 1.8:1. Additional credit sales of $2 million (cost price $1.5 million) are made. This transaction will:
A) increase ROA, ROE and CR.
B) increase ROA and ROE but not CR.
C) increase ROA and CR but not ROE.
D) increase ROA and ROE but decrease CR.

The Following Question Relates to PQR, Which Has the Following