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    Principles of Financial Accounting Study Set 1
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    Exam 5: Accounting for Merchandising Operations
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    Profit Margin Is Improved When
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Profit Margin Is Improved When

Question 53

Question 53

Multiple Choice

Profit margin is improved when


A) sales revenue increases.
B) gross profit decreases.
C) operating expenses increase.
D) the cost of goods sold increases.

Correct Answer:

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