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  3. Study Set
    Principles of Accounting Study Set 2
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    Exam 10: Analysis and Interpretation of Financial Statements
  5. Question
    If Both Gross Profit Margin and Net Profit Margin Are
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If Both Gross Profit Margin and Net Profit Margin Are

Question 17

Question 17

Multiple Choice

If both gross profit margin and net profit margin are increasing:


A) net profit will be increasing
B) net profit will be decreasing
C) sales will be increasing
D) it is not possible to tell

Correct Answer:

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