A business's gross profit margin is unchanged but its net profit margin falls. What is the most likely cause?
Cost of sales has fallen sharply
Other operating expenses have risen relative to revenue
Sales revenue has increased while all costs remain unchanged
The business has received more positive customer comments
37 exam-style questions on Edexcel GCSE Business 2.4 Making financial decisions, covering 2.4.1a Gross and net profit, 2.4.1b Margins and average rate of return, 2.4.2a Using quantitative business data, 2.4.2b Financial information: understanding performance, and 2.4.2c Financial information: making business decisions. Each one has a worked solution and a mark scheme showing where the marks go.