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T Co's Gross Profit Percentage Has Been Increasing in the Three

Question 26

Multiple Choice

T Co's gross profit percentage has been increasing in the three years from 2011 through 2013 from 36.5% to 39.8%. This change has most likely been caused by which of the following?


A) Higher product costs
B) Selling products for higher prices
C) Selling products with lower margins
D) Discounted prices

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