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:

Virtue

A trait or quality deemed to be morally good and thus is valued as a foundation of good moral being.

Admirable Character

Qualities or traits in a person that are considered morally good and worthy of respect.

Conscience

A source of knowledge that provides us with knowledge about what is right and wrong.

Emotional Component

The part of any situation or experience that involves the psychological and physiological response to emotions, influencing behavior and decision-making.