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In 2009, an agricultural company introduced a new cropping process which reduced the cost of growing some of its crops. If sales in 2008 and 2009 were steady at $25 million, but the gross margin increased from 2.3% to 3.4% between those years, by what amount was the cost of sales reduced? A) $425,000 B) $275,000 C) $325,000 D) $575,000

User Lilzz
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Answer:

Step-by-step explanation:

The cost of sales reduced=25m*(3.4%-2.3%)=275,000

Answer is B

User PatrickMA
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