A compony has variable costs of $8.00 per unit and a fixed cost of $1,750,000. The product they sell has a selling price of $11.00 each. Last year they sold 1,000,000 items . What was their profit

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.