Holding sales constant lower production costs
Holding sales constant, lower production costs will
a. increase net income, raising the return on equity.
b. lower net income, raising the return on assets.
c. have no affect on net income or profitability.
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grumman corporation a producer of military aircraft reported net income of exist120 million in 2013 after paying
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holding sales constant lower production costs willa increase net income raising the return on equityb lower net income
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