Which of the Following Statements Is False

Multiple Choice

Which of the following statements is false?

A) A decrease in the asset turnover ratio results in a decrease in the return on assets ratio.
B) An increase in average total assets results in a decrease in both the asset turnover ratio and return on assets ratio.
C) A decrease in the asset turnover ratio results in a decrease in the net profit margin ratio.
D) An increase in the net profit margin ratio results in an increase in the return on assets ratio.