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    Understanding Canadian Business
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    Exam 16: Understanding Accounting and Financial Information
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    If a Firm Can Reduce Its Cost of Goods Sold
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If a Firm Can Reduce Its Cost of Goods Sold

Question 57

Question 57

Multiple Choice

If a firm can reduce its cost of goods sold and continue to sell its product for the same price,we would expect the firm to enjoy an increase in its ________.


A) revenue
B) liabilities
C) employee turnover
D) gross margin

Correct Answer:

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