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Can you please answers all of the questions for 4.10 cuse tne gross profit ratio cause it to decrease? 4.1 o Which of the following

Can you please answers all of the questions for 4.10 image text in transcribed
cuse tne gross profit ratio cause it to decrease? 4.1 o Which of the following statements relating to GST is true? Give reasons for your answers. a. The first purchaser bears the cost of the GST. b. GST is not a tax on business income. BRIEF EXERCISES BE4.1 Calculate missing amounts in determining profit. 265

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