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If an entity's selling and administrative expenses to sales ratio increases from 20% to 23% from one year to the next. This indicates that: Group

If an entity's selling and administrative expenses to sales ratio increases from 20% to 23% from one year to the next. This indicates that: Group of answer choices the entity's profitability has decreased the entity has become less efficient in controlling its selling and administrative expenses over the period the entity has become more efficient in controlling its selling and administrative expenses over the period selling and administrative expenses are a lower percentage of sales

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