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Which of the following is consistent with and could explain the changes in Lowe's dollars of gross profit and gross protit percentage in Fiscal 2019
Which of the following is consistent with and could explain the changes in Lowe's dollars of
gross profit and gross protit percentage in Fiscal 2019 (compared to Fiscal 2018)?
a. Sales volume increased in fiscal 2019, but unit costs decreased.
b. Sales volume decreased in fiscal 2019, and per unit selling prices decreased.
c. Sales volume increased in fiscal 2019, and unit costs increased.
d. Sales volume and unit costs did not change, but per unit selling prices increased.
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