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Based on your analysis from Part One, which of the following transactions and events would result in a deterioration in Gross Profit Margin in year

  1. Based on your analysis from Part One, which of the following transactions and events would result in a deterioration in Gross Profit Margin in year 2021?

    1. charging depreciation on motor vehicles

    2. a payment for wages owing from the previous period

    3. the identification of an uninsured inventory loss

    4. A and B only

    5. A and C only

    6. B and C only

    7. All of the above

    8. None of the above

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