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In which of the following scenarios would a firm's profit margin on sales increase? A : The firm's net income increases while its average total

In which of the following scenarios would a firm's profit margin on sales increase?

  • A
  • :
  • The firm's net income increases while its average total assets decrease.
  • B
  • :
  • The firm's net income increases while its net sales decrease.
  • C
  • :
  • The firm's net income decreases while its average total assets remain constant.
  • D
  • :
  • The firm's net income decreases while its net sales remain constant.

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