Which of the following could cause return on net operating assets to increase, all things other equal?
a. A decrease in interest rate on debt
b. Increase in days accounts receivable are outstanding
c. Increase in inventory turnover
d. Decrease in gross margin
Answer: C
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.