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What happens to Net Earning/ Sales ratio and Net Earnings/ Total Book Assets ratio in this scneario: - Sales increased by a total of 30%
What happens to Net Earning/ Sales ratio and Net Earnings/ Total Book Assets ratio in this scneario:
- Sales increased by a total of 30% in the prior three years
-Days of Sales in Inventories also increased by 30% in each of those three years
-Cost of Good Sold remained constant
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