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Accountant: Here’s the sales report, Mr. Porter.Manager: Ah, yes, thank you. Wow. Sales revenue really 1. ________________ in April.Accountant: Yes, it did. I’m 2. ____________ ____________why.Manager: Well, it was 3. ____________ a result of our price increases.Accountant: That 4. ____________ ____________ . But why did sales increase so much from October to December?Manager: Well, that’s the holiday season.Accountant: Yes, but I’ve never seen sales go 5. ____________ ____________ . What else caused it?Manager: It’s probably 6. ____________ ____________ Mike’s Toy Shop going out of business. They were major competition.

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What is the passage mainly about?

A. opportunities for growth
B. ways to interpret financial records
C. methods for reducing return on sales
D. options for increasing return on equity

Which equation is NOT presented in the email?

A. Return on Equity
B. Return on Sales
C. Return on receivables
D. Year-Over-Year Growth

What can be inferred about the company’s customers?

A. They keep detailed records.
B. Some expect a high return on sales.
C. They interpret financial information.
D. Some do not pay for their purchases.

What is the dialogue mostly about?

A. the effects of competition on setting prices
B. reasons why the company must decrease prices
C. the results of the holiday season price increases
D. the causes of changes in sales revenue throughout the year

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