Chapter thout anwesto MC questions - Microsoft PowerPoint Od Birm Vu + 1 lb tot en BINGO ALZO Essen t nn ( 1 i Ange Out graph Drawing Shape Shape Out othe that 10 Replace Select Test Your Understanding Which of the following statements is correct? a. The more efficiently a company utilizes its assets, the greater its return on investment, all other things being equal. b. If return on equity increases, the return on assets must have also increased. c. If the number of days inventory is held increases, the return on assets will increase, all other things being equal. d. If the gross margin decreases, the inventory turnover must have increased, all other things being equal. o SETAM