Multiple Choice
Over a two-year period,Coca-Cola's gross profit percentage went from 70.4% to 69.7%.Which of the following was the cause of this change?
A) Reduced selling prices.
B) Rising product cost as a percentage of sales.
C) Increased competition from Pepsi.
D) All of the above may have caused the change.
Correct Answer:
Verified
Correct Answer:
Verified
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