[单选题]
A trader who fixes her prices by adding 50% to cost actually achieved a mark-up of 45%.Which of the following factors could account for the shortfall?
A .Sales were lower than expected
B .Opening inventories had been overstated
C .Closing inventories were higher than opening inventories
D .Goods taken from inventories by the proprietor were recorded by debiting drawings and crediting purchases with the cost of the goods.
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