Question
Which of the following represents a logical observation? A.Management teams should focus primarily on revenue growth, since revenue growth will always result in increased net
Which of the following represents a logical observation?
A.Management teams should focus primarily on revenue growth, since revenue growth will always result in increased net income.
B.An increase in net income is typically the result of increases in revenues accompanied by greater increases in cost of goods sold and operating expenses.
C.Managements' goal should be to develop strategies focused on improving nonoperating returns instead of strategies focused on improving operating income.
D.An increase in revenues will typically be accompanied by an increase in cost of goods sold.The goal is to have the revenue increase outpace the increase in cost of goods sold.
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