Its always a bad sign when revenues increase at a faster percentage rate than net income increases.

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“It’s always a bad sign when revenues increase at a faster percentage rate than net income increases.” Do you agree? Explain.

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Introduction to Financial Accounting

ISBN: 978-0133251036

11th edition

Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick

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Question Posted: Feb 20, 2015 09:51 AM

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Its always a bad sign when revenues increase at a faster percentage rate than net income increases.

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When revenues increase faster than net income it means that costs are increasing faster t...View the full answer

Introduction to Financial Accounting

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