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Hamilton Corporation reports the following data Net sales $ 370,000 Cost of goods sold 250,000 Gross margin $ 120,000 If net sales increases by 15%,

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Hamilton Corporation reports the following data Net sales $ 370,000 Cost of goods sold 250,000 Gross margin $ 120,000 If net sales increases by 15%, and cost of goods sold increases by 20%, gross margin would: Select one: O a. decrease by 4.6% O b. increase by 4.4% O c. decrease by 4.4% O d. increase by 4.6%

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