Which of the following would not affect the operating expenses to sales ratio? (Assume sales remains constant.)
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Which of the following would not affect the operating expenses to sales ratio? (Assume sales remains constant.)
(a) An increase in advertising expense
(b) A decrease in depreciation expense
(c) An increase in cost of goods sold
(d) A decrease in insurance expense
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9780471169192
1st Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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