Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

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