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I am confused by the following question: All of the following actions are likely to increase Capital Turnover except ( for each action below, assume...
I am confused by the following question:
All of the following actions are likely to increase Capital Turnover except (for each action below, assume all other numbers remain constant):
- an increase in sales revenues.
- a decrease in operating expenses per unit.
- a decrease in a company's invested capital.
- an increase in the number of units sold.