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A company's gross profit margin has increased from 35% to 55%. Therefore, its net income has: Select one: a. Not enough information provided to determine

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A company's gross profit margin has increased from 35% to 55%. Therefore, its net income has: Select one: a. Not enough information provided to determine if net income has increased or decreased b. Decreased O O c. Increased by the same percentage d. Increased, but not by the same percentage

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