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Our company has the following gross and operating profit figures for the last 3 years: GP 2011 58.4%, 2012 54.3 %, 2013 52.1% OP 2011

Our company has the following gross and operating profit figures for the last 3 years: GP 2011 58.4%, 2012 54.3 %, 2013 52.1% OP 2011 28.4%, 2012 26.3 %, 2013 24.1% Question 7Answer a. This is good and expenses are falling b. This is good, but expenses are rising c. This is bad but expenses are falling d. This is bad and expenses are rising

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