It is possible for a company to increase both its gross profit percentage and net income without increasing the dollar amount of sales.

Name: It is possible for a company to increase both its gross profit percentage and net income without increasing the dollar amount of sales.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is possible if the company is able to reduce its cost of goods sold (COGS) or other expenses, which would increase its gross profit percentage and net income without increasing sales.

It Is Possible for a Company to Increase Both Its