An Increase in the Gross Profit Percentage Indicates That

question 22

Multiple Choice

An increase in the gross profit percentage indicates that:

• A)cost of goods sold as a percentage of sales has decreased.
• B)cost of goods sold as a percentage of sales has increased.
• C)operating expenses as a percentage of sales have increased.
• D)operating expenses as a percentage of sales have decreased.

---

Definitions:

Brainstorming

A creative group activity designed to generate a large number of ideas for the solution to a problem.

Gender Dysphoria

A psychological condition where a person experiences discomfort or distress because there is a mismatch between their biological sex and gender identity.

Asexuality

A sexual orientation characterized by a lack of sexual attraction to others, or low or absent interest in or desire for sexual activity.

Transphobia

The fear, hatred, disbelief, or mistrust of people who are transgender, or the denial of their gender identity.