Labels:bookcase | bulletin board | person | reckoner | sky | skyscraper | stairs | stairway OCR: Sales and marketing expenses increased in fiscal 1994. but decl lined as percentage of total revenues The increase was due primarily to marketing and promotional efforts associated with new product releases and the additional staffing required to support these efforts. In addition, higher revenue also led to increases in certain variable selling expenses Research and development expenses increased in fiscal 1994 but remained constant as : percentage of total revenues. The increase was due primarily to additional headcount as result of the increase of products under development The Company released seven major products in fiscal 1994 compared to five in fiscal 1993 General and administrative expenses increased in fiscal 1994 but declined as percentage of total revenues. The increase was due ...
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