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WGU Accounting for Decision Makers C213 VAC2

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WGU Accounting for Decision Makers C213 VAC2 Questions and Answers

Questions 1

Which change occurred if the cost of goods sold moved from 76.8% to 72.6%?

Options:

A.  

Net profit percentage increased by 4.2%

B.  

Net profit percentage decreased by 4.2%

C.  

Gross profit percentage increased by 4.2%

D.  

Gross profit percentage decreased by 4.2%