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Author Question: A company's gross profit percentage decreases from 48% to 43%. What does this mean? (Read 70 times)

plus1

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on: Feb 18, 2020
A company's gross profit percentage decreases from 48% to 43%. What does this mean?
◦ This means that net income will be lower.
◦ This means that there will be a net loss.
◦ This means that net income will be higher.
◦ We cannot determine anything definite from the information given.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by plus1 on Feb 18, 2020

aruss1303

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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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plus1

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Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

covalentbond

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Reply 3 on: Yesterday
:D TYSM

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