When the absolute dollar value of earnings increases year-over-year: Select one: a. It always means an increase in percentage of sales b. One would still need to perform further analysis to determine the financial situation of a corporation c. It always means a decrease in interest expense d. It always means management is operating the company efficiently

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Quiz Q8
When the absolute dollar value of earnings
increases year-over-year:
Select one:
a. It always means an increase in
percentage of sales
b. One would still need to perform
further analysis to determine the financial
situation of a corporation
c. It always means a decrease in
interest expense
d. It always means management is
operating the company efficiently
Transcribed Image Text:When the absolute dollar value of earnings increases year-over-year: Select one: a. It always means an increase in percentage of sales b. One would still need to perform further analysis to determine the financial situation of a corporation c. It always means a decrease in interest expense d. It always means management is operating the company efficiently
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