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It Is Possible for a Company to Increase Both Its

question 67

True/False

It is possible for a company to increase both its gross profit percentage and net income without increasing the dollar amount of sales.
BT: Comprehension


Definitions:

Plasma

The liquid component of blood, in which blood cells and other particles are suspended, consisting mostly of water, proteins, and other solutes.

Concentration

The abundance of a constituent divided by the total volume of a mixture.

Osmolality

Osmotic concentration of a solution; the number of moles of solute in 1 kg of water times the number of particles into which the solute dissociates.

Osmoreceptors

Specialized cells in the body that detect changes in plasma osmolality and contribute to the regulation of body fluids.

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