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Over a two-year period, Coca-Cola's gross profit percentage went from 70.4% to 69.7%. Which of the following was the cause of this change? Multiple Choice

Over a two-year period, Coca-Cola's gross profit percentage went from 70.4% to 69.7%. Which of the following was the cause of this change?

Multiple Choice

  • Reduced selling prices.

  • Increased competition from Pepsi.

  • All of the answers could have led to the change.

  • Rising product cost as a percentage of sales.

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