Which factor would not affect the gross profit rate? (a) An increase in the cost of heating

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Which factor would not affect the gross profit rate?

(a) An increase in the cost of heating the store.

(b) An increase in the sale of luxury items.

(c) An increase in the use of "discount pricing" to sell merchandise.

(d) An increase in the price of inventory items.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471691952

3rd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jul 23, 2024 08:00 AM

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Which factor would not affect the gross profit rate? (a) An increase in the cost of heating

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Financial Accounting Tools For Business Decision Making

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