1. which of the following transactions and events would result in a deterioration in EBIT Profit Margin? a. selling goods on credit at the normal mark-up b. issuing shares for cash c. the consumption of a prepaid expense from the previous period d. A and B only e. A and C only f. B and C only g. All of the above h. None of the abo
1. which of the following transactions and events would result in a deterioration in EBIT Profit Margin?
a. selling goods on credit at the normal mark-up
b. issuing shares for cash
c. the consumption of a prepaid expense from the previous period
d. A and B only
e. A and C only
f. B and C only
g. All of the above
h. None of the above
2. which of the following transactions and events would result in an improvement in Dividends per share
a. the recognition of income tax expense owing at the end of the period
b. the receipt of cash for dividends from other entities (increase financing cash flow)
c. A and B only
d. A and C only
e. B and C only
f. All of the above
g. None of the above
3. which of the following transactions and events would result in an improvement in Days Purchases Outstanding
a. an adjustment for wages owing at the end of the period
b. the identification of an uninsured inventory loss
c. selling goods for cash at the normal mark-up
d. A and B only
e. A and C only
f. B and C only
g. All of the above
h. None of the above
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