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Instructions: Use the data tool below to help answer the questions.\ \ In the "Settings",...

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Accounting

Instructions: Use the data tool below to help answer the questions.\ \ In the "Settings", select the business decision to see how this decision impact the Income Statement, Balance Sheet and various different ratios. After interacting with the model, press the "Reset" button to try different scenarios.\ \ \ \ Holding sales constant, lower production costs will\ \ Multiple Choice\ \ increase net income, raising the return on equity.\ \ \ lower net income, raising the return on assets.\ \ \ have no effect on net income or profitability.

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