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tivo tivo
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Posts: 1776
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7 years ago
A low gross profit percentage means that:
A) the cost of goods sold was relatively low.
B) the cost of goods sold was relatively high.
C) selling expenses are very low.
D) general and administrative expenses are very high.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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Posts: 939
7 years ago
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tivo Author
wrote...
7 years ago
I appreciate it once again, answered correctly
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