Naria's business has the following trading results in 20X4 and 20X5: Which one of the following statements is correct?
Between 20X4 and 20X5:

Question

Naria's business has the following trading results in 20X4 and 20X5:  Which one of the following statements is correct?
Between 20X4 and 20X5:

Quizplus · Accepted Answer

The gross profit margin improved from 41.5% in 20X4 to 44.5% in 20X5, indicating a more efficient cost management. There is no information about the percentage of revenue increase, so we cannot choose D. We also cannot choose A or B as there is not sufficient information to determine the exact percentage change in gross profit and revenue.

Naria's Business Has the Following Trading Results in 20X4 and 20X5