Operating and administrative efficiencies that result in lower expenses per dollar of sales possibly explain a trend where income grows faster than sales.

Question

Quizplus · Accepted Answer

Operating and administrative efficiencies can result in lower expenses per dollar of sales, leading to a trend where income grows faster than sales. This is because the company is able to increase profits without necessarily increasing sales, by cutting costs and improving efficiency.

Operating and Administrative Efficiencies That Result in Lower Expenses Per