If Moon Corporation's Gross Margin Declined,which of the Following Is

question 85

Multiple Choice

If Moon Corporation's gross margin declined,which of the following is TRUE?

• A)Its cost of goods sold increased.
• B)Its cost of goods sold as a percent of sales increased.
• C)Its sales increased.
• D)Its net profit margin was unaffected by the decline.

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Definitions:

X

In mathematics, "X" is commonly used to represent an unknown quantity or variable in equations and expressions.

Y

Often represents the vertical coordinate or dependent variable in a Cartesian coordinate system.

Rules Of Exponents

Rules of exponents refer to the set of guidelines for performing operations involving powers, including multiplying and dividing powers and taking powers of powers.

Positive Exponents

Refers to exponents that are greater than zero, used to denote the number of times a base is multiplied by itself.