Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 49

In each of the past five years, the net sales of Plaza Co.ave increased at about half the rate of inflation, but net income has increased at approximately twice the rate of inflation.uring this period, the company's total assets, liabilities, and equity have remained almost unchanged; dividends are approximately equal to net income.hese relationships suggest (indicate all correct answers):
a.anagement is successfully controlling costs and expenses.
b.he company is selling more merchandise every year.
c.he annual return on assets has been increasing.
d.inancing activities are likely to result in a net use of cash.