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HinsonCo sees an increase in its General Administrative Expenses for the year. Everything else is unaffected. How does this affect Gross Margin and Earnings Before
HinsonCo sees an increase in its General Administrative Expenses for the year. Everything else is unaffected. How does this affect Gross Margin and Earnings Before Interest and Taxes (EBIT)?Group of answer choicesGross margin and EBIT decreaseGross margin and EBIT are both unaffectedGross margin decreases but EBIT is unaffectedGross margin is unaffected but EBIT decreases
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