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After conducting a financial analysis on your company and benchmarking with other key competitors, you have found that your gross profit margin is higher than

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After conducting a financial analysis on your company and benchmarking with other key competitors, you have found that your gross profit margin is higher than the industry average, but your net profit margin is lower than the industry average. Which of the following might explain the reason for this? Your cost of goods sold is higher than the industry average. Your distribution costs are higher than the industry average

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