Multiple Choice
Starship Inc.'s gross profit ratio decreased from 36.5% in 2017 to 28.6% in 2018.What is the trend in this change?
A) It is an upward positive trend.
B) It is a downward negative trend.
C) It depends on whether net sales increased or decreased during the period.
D) Trends cannot be determined without the dollar amount of the increase provided.
Correct Answer:
Verified
Correct Answer:
Verified
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