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What relationship between the various costs and expenses

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Problem 1: A firm's Gross Profit margin has been declining over the 2016-2020 period while its net profit margin has been rising over that same period. If you just knew these trends (and DID NOT look at the actual numbers!) what information does it provide in terms of the relationship between the various costs, expenses, and taxes with sales?

Reference no: EM132828589

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