Which of the following statements is true?
Which of the following statements is true?A firm’s sales have decreased 18% which could
be a result of the selling price decreasing or the number of units sold decreasing.
A firm’s sales have increased 32% which could be a result of the selling price decreasing and the number of units sold remaining the same compared to the prior year.
A firm’s sales have decreased 12% which could be a result of the selling price increasing and the number of units sold remaining the same compared to the prior year.
A firm’s sales have increased 8% which could be a result of the selling price decreasing and the number of units sold decreasing.