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Was the gross profit increase caused by an increase in sales

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From last year to this year, Berry Barn reported that its Net Sales increased from $ 300,000 to $ 400,000 and its Gross Profit increased from $ 90,000 to $ 130,000. Was the Gross Profit increase caused by (a) an increase in sales volume only, (b) an increase in gross profit per sale only, or (c) a combination of both? Explain your answer.

Reference no: EM13865741

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