Ruff Cut had a profit margin of 10.22% in 2020 and 12.37% in 2019. Which of the following statements is consistent with this information?

• Ruff Cut's expenses decreased while revenues stayed the same from 2019 to 2020.

• Ruff Cut's expenses decreased while revenues increased from 2019 to 2020.

• Ruff Cut's expenses stayed the same while revenues increased from 2019 to 2020.

• Ruff Cut's expenses increased while revenues stayed the same from 2019 to 2020.