Post Utme Rhema University 2023 Commerce Question 27

Practice objective / multiple choice question 27 from the 2023 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2023 Commerce Objective / Multiple Choice
Question 27 POST_UTME_RHEMA_UNIVERSITY • 2023 • COMMERCE • objective

A firm's financial statements show a decrease in revenue and an increase in expenses. What is the likely effect on the firm's profit margin?

Answer Options

A. Increase
Correct Answer B. Decrease
C. Remain the same
D. Become negative
Correct Answer
B
Correct Option:
Decrease

About This Question

This is Post Utme Rhema University 2023 Commerce Question 27. It is one of the objective questions from the 2023 Post Utme Rhema University Commerce examination.

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