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Income Statement 2017 2016 2015 2014 Sales Revenue $ 78,935 $ 69,248 $ 47,497 $ 53,895 Cost of Goods Sold $ 39,675 $ 33,932 $

Income Statement

2017 2016 2015 2014

Sales Revenue $ 78,935 $ 69,248 $ 47,497 $ 53,895

Cost of Goods Sold $ 39,675 $ 33,932 $ 22,799 $ 30,720

Gross profit $ 39,260 $ 35,316 $ 24,698 $ 23,175

What would be a reason for gross profit to be greater in 2015 than in 2014 when sales revenue is less?

Could it be the increase in 2014 GOGS?

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