Solved

In 20X3, T Co

Question 188

Multiple Choice

In 20X3, T Co.'s gross profit percentage was 39.8% while their competitor, WWW's percentage was 31.8%. What was the most likely reason for WWW's lower percentage?


A) Lower selling prices
B) Lower product cost as a percentage of sales
C) Ability to differentiate their product in consumers' eyes
D) Higher selling prices

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions