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TIMED TEST...PLEASE HELP During the past year the growth corporation increased its sales from $1,000,000 to $2,000,000 and its EBIT from $250,000 to $400,000. The
TIMED TEST...PLEASE HELP
During the past year the growth corporation increased its sales from $1,000,000 to $2,000,000 and its EBIT from $250,000 to $400,000. The result of this growth will be?
A.
a lower operating profit margin and lower net income
B.
a higher P/E ratio
C.
a higher operating profit margin and higher net income
D.
a lower operating profit margin and higher net income
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