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Author Question: A company's gross profit percentage increased from 28% to 32%. What does this mean? (Read 117 times)

piesebel

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on: Feb 18, 2020
A company's gross profit percentage increased from 28% to 32%. What does this mean?
◦ This means that operating expenses as a percentage of sales revenue decreased.
◦ This means that cost of goods sold as a percentage of sales revenue decreased.
◦ This means that cost of goods sold as a percentage of sales revenue increased.
◦ There is not enough information to explain the increase.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by piesebel on Feb 18, 2020

triiciiaa

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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piesebel

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review

raili21

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Reply 3 on: Yesterday
Excellent

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