In performing a horizontal analysis on a company’s income statement, you notice that sales have decreased by 4%, but the gross profit has increased by 10%. What are

some factors that could cause this to happen?

200-250 words

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In performing a horizontal analysis on a company’s income statement, you notice that sales have decreased by 4%, but the gross profit has increased by 10%. What are

some factors that could cause this to happen?

200-250 words

Leave a Reply

Your email address will not be published. Required fields are marked *