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A company's gross profit percentage has risen from 40% to 55%. Which one of the following events could explain this? A. An understatement of closing

A company's gross profit percentage has risen from 40% to 55%. Which one of the following events could explain this?

	A.	An understatement of closing inventory.
	B.	An increase in customer demand.
	C.	An overstatement of revenue.
	D.	A decrease in mark-up.

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