A-LevelAccountingAnalysis and communication of accounting information9706/12 · May/June 2014 · Q231 Mark
A business sells a single product. This year the gross profit margin and net profit margin were both lower than last year. What is the reason for this change?
Adecrease in carriage out
Bdecrease in sales returns
Cincrease in carriage in
Dincrease in purchases returns
✓ Correct answer
C: increase in carriage in
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