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In performing a horizontal analysis on a company’s income statement, you notice that sales have decreased by 4%, but the gross profit has increased by 10%.

amp 415 week 2 DQ 2 In performing a horizontal analysis on a company’s income statement, you notice that sales have decreased by 4%, but the gross…

amp 415 week 2 DQ 2

In performing a horizontal analysis on a company’s income statement, you notice that sales have decreased by 4%, but the gross profit has increased by 10%. What are some factors that could cause this to happen?

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