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Could someone assist me on how a change in product (sales) mix to a higher proportion in export sales could result in a lower level
Could someone assist me on how a change in product (sales) mix to a higher proportion in export sales could result in a lower level of net income for the below?
"An executive of a large steel company put the blame for lower net income for a recent fiscal period on the "shift in product mix to a higher proportion of export sales." Sales for the period increased slightly while net income declined by a percent such as 25%."
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