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Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted. An analyst gathers...

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Accounting

Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.
An analyst gathers the following data about a company and the industry in which it operates:
Which of the following conclusions is most reasonable? Compared to the industry, the company:
A. Has the same cost structure and net profit margin.
B. Is better at controlling product costs, but less effective at controlling operating costs.
C. Has a lower gross profit margin and spends more on its operating costs.
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