Assume Tyler, Inc. had a gross profit ratio of 30%, 25%, and 20% over the most recent three years. Which statement below is the best interpretation of the data?
A) The company is selling more inventory than in previous years.
B) The company is decreasing its selling price per unit or having its inventory costs per unit increase.
C) The company's managers are doing a good job of controlling inventory costs and selling price.
D) The company is not selling as much inventory as in previous years.
B
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The following transactions have been journalized and posted to the proper accounts. Prepare a trial balance at the end of the first month using the following details:
a) Received $15,000 cash and issued common stock b) Paid the first month's rent with $800 cash. c) Purchased equipment by paying $4,000 cash and executing a note payable for $4,000. d) Purchased office supplies for $200 cash. The supplies remain at the end of the month. e) Billed clients for a total of $7,000 for design services rendered. f) Received $1,000 cash from clients for services rendered above. What will be an ideal response
What is the assumption about leverage when using WACC to evaluate a project?
What will be an ideal response?