Question 1 0.3 pts If an entity's selling and administrative expenses to sales ratio increases from 20% to 23% from one year to the next, this indicates that: the entity has become less efficient in controlling its selling and administrative expenses over the period O the entity's profitability has decreased the entity has become more efficient in controlling its selling and administrative expenses over the period O selling and administrative expenses are a lower percentage of sales Question 2 0.3 pts Which of the following is not a measure of asset efficiency? O Inventory turnover period Settlement period for accounts receivable O Debt to equity ratio . Asset turnover ratio