e. Collecting cash from loans receivable. a b 3. A decrease in the gross margin ratio could be explained by: An increase in depreciation on a motor vehicle. A decrease in office telephone expenses. An increase in the price of raw materials. d. An increase in advertising expenses. A gain on sale of equipment. 4. What is the effect on the current ratio of 1) inventory purchased for cash, and 2) equipment 6 634 words [ English (Australia) BE E aon Type here to search ENG 10:40 PM 26/08/2020