If Net Income Is Rising,but Both Sales and the Gross

question 33

Multiple Choice

If net income is rising,but both sales and the gross profit percentage remain the same,then:

• A)operating expenses are falling.
• B)operating expenses are rising.
• C)cost of goods sold is falling.
• D)cost of goods sold is rising.

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Definitions:

Effect Size

A number that reflects the degree to which one variable affects, or is related to, another variable.

P-Value

A statistical measure that helps researchers determine the significance of their research results.

Null-Hypothesis

A hypothesis that suggests no statistical significance exists in a set of given observations, indicating no observable effect.

Factor Analysis

A statistical method used to describe variability among observed, correlated variables in terms of potentially lower numbers of unobserved variables, called factors.