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Dana Dairy Products' gross profit margin was inferior to the industry standard
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)
Expert Solution
Gross profit margin was inferior to the industry standard. This may have resulted from the high cost of goods sold.
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