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Dana Dairy Products' gross profit margin was inferior to the industry standard. This may have resulted from ________. (See Table 3.2))

a. gastos de intereses excesivos (excessive interest expense)

b. gastos de venta y administrativos excesivos (excessive selling and administrative expenses)

c. el alto costo de los bienes vendidos ( the high cost of goods sold)

d. un precio de venta alto (a high sales price)

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Gross profit margin was inferior to the industry standard. This may have resulted from the high cost of goods sold.

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