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Otter Services Limited Had the Following Results in 20X1 and 20X2

Question 15

Multiple Choice

Otter Services Limited had the following results in 20X1 and 20X2: Otter Services Limited had the following results in 20X1 and 20X2: Which one of the following statements is incorrect? Between 20X1 and 20X2: A) Revenue increased at a faster rate than selling expenses. B) Gross profit margin worsened. C) Net profit margin improved. D) Other expenses decreased by more than 5%. Which one of the following statements is incorrect?
Between 20X1 and 20X2:


A) Revenue increased at a faster rate than selling expenses.
B) Gross profit margin worsened.
C) Net profit margin improved.
D) Other expenses decreased by more than 5%.

Correct Answer:

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