Profit margin is improved when
A) sales revenue increases.
B) gross profit decreases.
C) operating expenses increase.
D) the cost of goods sold increases.

Name: Profit margin is improved when A) sales revenue increases. B) gross profit decreases. C) operating expenses increase. D) the cost of goods sold increases.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Profit margin improves when sales revenue increases because it means the company is generating more income from its sales, which can lead to a higher profit margin if costs are controlled.

Profit Margin Is Improved When