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Home Q & A Board Other Fields Homework Help Business Finance
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Gideon123 Gideon123
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4 years ago
In 2009, an agricultural company introduced a new cropping process which reduced the cost of growing some of its crops. If sales in 2008 and 2009 were steady at $25 million, but the gross margin increased from 2.3% to 3.4% between those years, by what amount was the cost of sales reduced?

▸ $575,000

▸ $325,000

▸ $425,000

▸ $275,000
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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Niquegirl21!Niquegirl21!
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4 years ago
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Gideon123 Author
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4 years ago
This helped my grade so much Perfect
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Thanks
rene_ram97
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You make an excellent tutor!
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