A decrease in operating expenses would have which of the following effects on a company's profit margin? Multiple Choice Net profit margin would decrease. Net profit margin would increase. Net profit margin would remain unchanged. There is not enough information given to determine the effect. Required information (The following information applies to the questions displayed below.] Nicole has decided that she is going to start her business, Nicole's Getaway Spa (NGS). A lot has to be done when starting a new business. Here are some transactions that have occurred prior to April 30. a. Received $80,000 cash when issuing 8,000 new common shares. b. Purchased land by paying $2,000 cash and signing a note payable for $7,000 due in three years. C. Hired a new aesthetician for a salary of $1,000 a month, starting next month. d. NGS purchased a company car for $18,000 cash (list price of $21,000) to assist in running errands for the business. e. Bought and received $1,000 in supplies for the spa on credit. f. Paid $350 of the amount owed in (e). g. Nicole sold 100 of her own personal shares to Raea Gooding for $300. 3. Prepare a classified balance sheet at April 30 using the information given in the transactions. Include Retained Earnings with a zero balance 3. Prepare a classified balance sheet at April 30 using the information given in the transactions. Include Retained Earnings with a zero balance. NICOLE'S GETAWAY SPA Balance Sheet Which statements about the unadjusted trial balance is not correct? Multiple Choice An unadjusted trial balance is the same as a balance sheet. An unadjusted trial balance lists all the accounts with their current balances. An unadjusted trial balance can verify the equality of debits and credits. An unadjusted trial balance can be prepared at any point in time