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    Understanding Business Study Set 2
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    Exam 17: Understanding Accounting and Financial Information
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    If a Firm Can Reduce Its Cost of Goods Sold
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If a Firm Can Reduce Its Cost of Goods Sold

Question 327

Question 327

Multiple Choice

If a firm can reduce its cost of goods sold and continue to sell its product for the same price,we would expect the firm to enjoy an increase in its:


A) revenue.
B) liabilities.
C) employee turnover.
D) gross profit.

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