ABC Company sells its products for a (gross) profit. If ABC increases its sales by 15 percent

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ABC Company sells its products for a (gross) profit. If ABC increases its sales by 15 percent and increases its cost of goods sold by 7 percent, its costs of goods sold ratio will.

a. Increase.

b. Decrease.

c. Remain unchanged.

d. Not enough information is given to answer

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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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Question Posted: Jun 20, 2019 07:04 AM

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ABC Company sells its products for a (gross) profit. If ABC increases its sales by 15 percent

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Auditing An International Approach

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