When a company that sells its products with a positive gross profit increases its sales by 15
Question:
a. Increase.
b. Decrease.
c. Remain unchanged.
d. Not be able to be determined with the information provided.
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Step by Step Answer:
a Incorrect The ratio of costsales does not incre...View the full answer
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Saikumar Ramagiri
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Related Book For 
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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