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    Corporate Finance Study Set 4
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    Exam 2: Introduction to Financial Statement Analysis
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    If Moon Corporation's Gross Margin Declined,which of the Following Is
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If Moon Corporation's Gross Margin Declined,which of the Following Is

Question 20

Question 20

Multiple Choice

If Moon Corporation's gross margin declined,which of the following is true?


A) Its cost of goods sold increased.
B) Its cost of goods sold as a percent of sales increased.
C) Its sales increased.
D) Its net profit margin was unaffected by the decline.

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