Multiple Choice
Which of the following statements is incorrect?
A) Net income in 2006 increased by 29.29% compared to 2004.
B) XYZ's net income to sales (return on sales) is higher in 2006 as compared to 2004.
C) XYZ's net income to sales (return on sales) is lower in 2005 as compared to 2004.
D) Assets have increased over time.
Correct Answer:
Verified
Correct Answer:
Verified
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