A higher gross margin implies ______________ . The company has huge market share The company has the flexibility to change its pricing policy The company sells goods at huge discounts The cost of goods sold remains same over the year

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 7EA: Based on your research of the market in the previous exercises, you have determined the market price...
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A higher gross margin implies ______________ .

The company has huge market share
The company has the flexibility to change its pricing policy
The company sells goods at huge discounts
The cost of goods sold remains same over the years
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