Question: Mayl ask for an explanation and solution to the question for a better understanding. Thank you! 5. Pierce Corporation has the following gross profits for

Mayl ask for an explanation and solution to the

Mayl ask for an explanation and solution to the question for a better understanding. Thank you! 5. Pierce Corporation has the following gross profits for 2018 and 2019: Sales - 2019- P810,000: 2018 - P792,000. Cost of sales - 2019 - 480,000; 2018 - 464,000. Gross profit=2019- P330,000; 2018 - P328,000. Sales price was 10% lower during 2019. The increase (decrease) in quantity sold must be: a. (7.9596) b. 12.00% C. 13.3396 d. 13.64%

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