These ratios were worked out for two businesses, each with revenue of $100000$. Gross margin: X $20\%$, Y $25\%$. Profit margin: X $10\%$, Y $10\%$. In what way do the cost of sales and expenses of X compare with those of Y?
- Acost of sales higher, expenses higher
- Bcost of sales higher, expenses lower
- Ccost of sales lower, expenses higher
- Dcost of sales lower, expenses lower