A company that requires only cash in dealing with customers is following risk avoidance

Classy Shoes made $1 million in profits after taxes last year (which it distributed as dividends) on $5 million in revenue by manufacturing and selling 40,000 pairs of shoes. This year it manufactures the same number of pairs (at the same cost). But its shoes have become "in," which has allowed it to raise the price per pair without reducing unit sales. Which of the following ratios does not change?

a) Leverage b) ROE c) Profit margin d) Turnover

Primary data are data that have already been collected for purposes other than the problem at hand

Indicate whether the statement is true or false