XYZ Ltds Income Statement shows the following: Based on these figures, which of the following statements is
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Based on these figures, which of the following statements is true:
d) Although the operating profit has increased, the operating margin has decreased as a result of a reduction in the gross margin and higher expenses, despite sales growth
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Accounting For Managers Interpreting Accounting Information for Decision Making
ISBN: 978-1119979678
4th edition
Authors: Paul M. Collier
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