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    If Net Income Is Rising,but Sales and the Gross Profit
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If Net Income Is Rising,but Sales and the Gross Profit

Question 26

Question 26

Multiple Choice

If net income is rising,but sales and the gross profit percentage remain the same,then:


A) operating expenses are falling.
B) operating expenses are rising.
C) cost of goods sold is falling.
D) cost of goods sold is rising.

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