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Astra Autos had the same net sales amount in both March and April. However, Astra s cost of goods sold was $ 2 5 ,
Astra Autos had the same net sales amount in both March and April. However, Astras cost of goods sold was $ lower in March than in April, and its total selling expenses were $ lower in April than in March. Assuming all other aspects of the firms income statement are the same for both months, we can conclude that Astras net income in April was
Select answer from the options below
$ lower than its net income in March.
$ higher than its net income in March.
$ higher than its net income in March.
$ lower than its net income in March
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