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Operating margin has improved by 2% and Gross margin by 1%. Which statements are true? (can have multiple or none) a) Operating expenses as a
Operating margin has improved by 2% and Gross margin by 1%. Which statements are true? (can have multiple or none)
a) Operating expenses as a percent of sales has decreased
b) Cost of goods sold have increased relative to sales
c) Operating expenses have increased relative to sales
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