Which changes in profit margin ratio could indicate changes

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Problem 1: Changes in the profit margin ratio could indicate changes in any of the following except changes in

A) sales volume.

B) product profitability.

C) the cost structure.

D) 3the pricing policy.

Consider the following data:

Cash. $15,200

Accounts receivable. 29,500

Accounts payable. 34,500

Note payable. 50,000

Inventory 17,000

Dividends payable. 5,200

Equipment. 220,000

Supplies. 6,400

Net Income 35,000

Accumulated depreciation. 100,000

Common shares. 40,000

Beginning Retained earnings. 23,400

Prepaid rent. 1,600

Salaries payable. 12,000

Dividends declared 5,200

Problem 2: Total assets amounts to

A) $189,700.

B) $288,100.

C) $289,700.

D) $389,700.

Reference no: EM132953368

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