45. The conclusion that a company was able to generate 79.5 cents of net profit for every dollar of sales reflects which of the following? Return on assets Operating leverage Net profit margin Asset turnover 46. Which of the following is not a factor affecting business risk? Vulnerability to competition Reliance on financial statements alone for information about the business Reliance on a small number of products Degree of technological innovation 47. Which of the following would be an appropriate interpretation of a current ratio of 1.76? The company has $1.76 of current assets for every dollar of total assets. The company has $1.76 of current assets for every dollar of current liabilities. The company's debt is 176% of its capital structure. The company earned $1.76 for every dollar of assets. 48. Return on equity for Delta company is 7%. This means that: Delta earned $0.07 for each dollar of equity. the book value of Delta's ordinary shares will increase by 7%. the market value of Delta's ordinary shares will increase. Delta will pay a dividend of $0.07 on each ordinary share