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Find what would be a reason for gross profit to be greater

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Reference no: EM132638777

Income Statement                2017             2016                2015            2014

Sales Revenue                   $ 78,935        $ 69,248      $ 47,497     $ 53,895

Cost of Goods Sold              $ 39,675         $ 33,932    $ 22,799        $ 30,720

Gross profit                       $ 39,260            $ 35,316   $ 24,698        $ 23,175

Question 1: What would be a reason for gross profit to be greater in 2015 than in 2014 when sales revenue is less? Could it be the increase in 2014 GOGS?

Reference no: EM132638777

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