If a gross profit stays high, but net profit falls this implies that
FINANCIAL
POST UTME OAU
If a gross profit stays high, but net profit falls this implies that
- A) The market is becoming saturated
- B) Competitive pressures are increasing
- C) The expenses of the business may be rolling too rapidly
- D) The expenses of the business are firmly under control
Correct Answer: C) The expenses of the business may be rolling too rapidly
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