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A company's gross profit percentage increased from 28% to 32 % . What does this mean? OA. This means that cost of goods sold as

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A company's gross profit percentage increased from 28% to 32 % . What does this mean? OA. This means that cost of goods sold as a percentage of sales revenue decreased. O B. This means that operating expenses as a percentage of sales revenue decreased. O C. This means that cost of goods sold as a percentage of sales revenue increased. O D. There is not enough information to explain the increase

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