Question 10.A.23: What favourable and unfavourable trends did you observe in E...
What favourable and unfavourable trends did you observe in Example 10.6?
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In terms of the favourable trends revealed, you may have considered:
- the growth in sales
- the relative decline in selling expenses
- the stable financial expenses.
In terms of the unfavourable trends, you may have noted:
- the relative increase in cost of sales (declining gross profit margin)
- the relative increase in administration costs.
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