For each of the following profitability ratios, indicate whether the change would be viewed as an improvement

Question:

For each of the following profitability ratios, indicate whether the change would be viewed as an improvement or deterioration:
(a) An increase in the gross profit margin
(b) A decrease in An increase in return on equity
(d) A decrease in earnings per share
(e) A decrease in the profit margin
Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.