In performing horizontal analysis

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In performing a horizontal analysis on a company's income statement, you notice that sales have decreased by 4%, but the gross profit has increased by 10%. What are some factors that could cause this to happen?

Reference no: EM131125766

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In performing horizontal analysis : In performing a horizontal analysis on a company's income statement, you notice that sales have decreased by 4%, but the gross profit has increased by 10%. What are some factors that could cause this to happen?

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