Presently,the Comic Book Division of Anderson Publishing Corporation Has a Profit

question 9

Multiple Choice

Presently,the Comic Book Division of Anderson Publishing Corporation has a profit margin of 30%.If total sales rise by $100,000,the net result will be

• A)an increase in the profit margin ratio to above 30%.
• B)a decrease in the profit margin ratio to below 30%.
• C)no change in the profit margin ratio.
• D)a change in the profit margin ratio that cannot be determined from this information.

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