If a Company Achieves a Small Increase in Its Gross

question 13

Multiple Choice

If a company achieves a small increase in its gross profit percentage from one year to the next,the company:

• A)will have a higher net income.
• B)must have had a sales volume increase.
• C)must have decreased its operating expenses.
• D)might be obtaining products at a lower cost per unit.

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Definitions:

Increased

The action or process of becoming larger in quantity, size, degree, or intensity.

Breast Cancer

A malignant tumor that develops from breast cells, considered one of the most common cancers affecting women.

Breast Cancer

A type of cancer that forms in the cells of the breasts, one of the most common cancers among women worldwide.

Developed

Achieved a high level of industrialization, infrastructure, and standard of living.