Question
27. Which of the following could explain an increase in the gross profit margin ratio? a. A decrease in interest rates b. A decrease in
27. Which of the following could explain an increase in the gross profit margin ratio?
a.
A decrease in interest rates
b.
A decrease in prices of raw materials
c.
A decrease in depreciation on a delivery vehicle
d.
An increase in advertising expenses
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Accounting Information Systems
Authors: Pat Wheeler, Ulric J Gelinas, Richard B Dull
9th Edition
0538469315, 9780538469319
