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

Question 175

Multiple Choice

T Co's gross profit percentage has been increasing in the three years from 20X1 through 20X3 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 with lower margins
C) Selling products for higher prices
D) Discounted prices

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