Multiple Choice
PNY Pty Ltd reported operating profit of $80,000 and average operating assets of $120,000 in a recent accounting period. Which of the following transactions would definitely increase PNY's return on investment?
A) Switching suppliers for raw materials
B) Collecting accounts receivable
C) Increasing product prices
D) Decreasing research and development expense
Correct Answer:
Verified
Correct Answer:
Verified
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