Multiple Choice
Presently,the Comic Book Division of Anderson Publishing Corporation has a profit margin of 30%.If total sales rise by $100,000,the net result will be
A) an increase in the profit margin ratio to above 30%.
B) a decrease in the profit margin ratio to below 30%.
C) no change in the profit margin ratio.
D) a change in the profit margin ratio that cannot be determined from this information.
Correct Answer:

Verified
Correct Answer:
Verified
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