Extracts from Ron Bayliss's statements of profit or loss over a four-year period are as follows: 
Which one of the following statements is correct?
Analysed horizontally, these figures show:
A) A gradually decreasing percentage of revenue growth but a gradually increasing gross profit margin percentage.
B) A gradually decreasing percentage of revenue growth and a gradually decreasing gross profit margin percentage.
C) A gradually increasing percentage of revenue growth but a gradually decreasing gross profit margin percentage.
D) A gradually increasing percentage of revenue growth and a gradually increasing gross profit margin percentage.
Correct Answer:
Verified
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