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I need this in at least 30 minutes...thank you I anticipate that through cost-cutting measures, I will be able to increase my gross profit margin,
I need this in at least 30 minutes...thank you
I anticipate that through cost-cutting measures, I will be able to increase my gross profit margin, operating profit margin and net profit margin in the upcoming year. Assuming that my sales also increase modestly, that my level of debt does not change and I do not enter into any new operating or capital leases, what will likely happen to both my TIE and FCC ratios?
Select one:
A. FCC will stay the same but TIE will increase.B. Both the TIE and the FCC will increase.C. TIE will stay the same but my FCC will decrease.D. Both the TIE and the FCC will decrease.E. None of the above will occur.
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