Question: |Chapter 1 Numerical Practice Questions for Calculating Operating Profit 1) Company X has AED 500,000 in sales and COGS of 95%. Which of the following

|Chapter 1 Numerical Practice Questions for Calculating Operating Profit 1) Company X has AED 500,000 in sales and COGS of 95%. Which of the following generates more operating profit? (a) increasing sales by 10% or (b) reducing COGS by 1%? (You will need calculator for this question) a) Scenario A: Increasing sales by 10% b) Scenario B: Reducing COGS by 1%

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