An Increase in Gross Profit Percentage Indicates That

question 59

Multiple Choice

An increase in gross profit percentage indicates that:

• A)cost of goods sold as a percentage of sales has decreased.
• B)cost of goods sold as a percentage of sales has increased.
• C)operating expenses as a percentage of sales have increased.
• D)operating expenses as a percentage of sales have decreased.

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Definitions:

Parallel Structure

The repetition of a chosen grammatical form within a sentence, enhancing readability and coherence by keeping similar elements in a series consistent.

Sentence Variety

The use of different lengths, beginnings, and structures in sentences to enhance writing style and readability.

Concise Language

The use of fewer words to express an idea, ensuring clarity and brevity in communication without sacrificing meaning.

Seaquake

An underwater earthquake that occurs beneath the sea floor and can cause significant disturbances in the ocean.