Question: If a company achieves a small increase in its gross profit percentage from one year to the next, the company: A) must have increased its
If a company achieves a small increase in its gross profit percentage from one year to the next, the company:
| A) | must have increased its sales revenue. |
| B) | will always have a higher net income. |
| C) | may not have had a volume increase. |
| D) | must be obtaining products at a lower cost per unit. |
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