If Sales Have Decreased in the Past 5 Years and the Cost

question 16

Multiple Choice

If sales have decreased in the past 5 years and the cost of goods sold value remains the same each year, this will create

• A) an increase in gross profit margin.
• B) an increase in profit margin.
• C) a decrease in gross profit margin.
• D) a decrease in cost of goods sold.

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Definitions:

Exact Cell Address

The specific location of a cell in a spreadsheet, identified by the combination of its column letter and row number.

Absolute Cell Reference

In spreadsheet applications, an absolute cell reference is a cell address that does not change when copied or moved to another cell location.

AutoFill Options Button

An interface button that, when activated, provides options to automatically complete filling data in fields based on patterns, preferences, or previously entered information.

Paste Options Button

A feature in software applications that allows users to choose how copied content will be inserted into a document.