If a Company Achieves a Small Increase in Its Gross

question 200

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 be obtaining products at a lower cost per unit.
• C) must have increased its sales revenue.
• D) might not have had a sales volume increase.

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Definitions:

Human Intelligence

The capacity for logic, understanding, self-awareness, learning, emotional knowledge, reasoning, planning, creativity, and problem-solving.

Common Ancestry

The concept in evolutionary biology that different species share ancestors from which they have diverged over time.

Genome

The full collection of genes or genetic material found in a cell or organism.

Bone Structure

The physical composition and arrangement of bones within the skeletal system, which supports and shapes the body.