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Question 31 3.9 pts In Year 3, Stricoff Manufacturing's gross margin remained unchanged from Year 2. But, in Year 3 the company's net income declined

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Question 31 3.9 pts In Year 3, Stricoff Manufacturing's gross margin remained unchanged from Year 2. But, in Year 3 the company's net income declined from the level reached in Year 2. This could have happened because, in Year 3: common share dividends increased O corporate tax rates increased Osales increased at a faster rate than operating expenses cost of goods sold increased relative to sales 3.9 pts ..artian 32

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