If a company pays for their merchandise within the discount period, which of the following will be true when they sell that merchandise? O Cost of Goods Sold will be higher than it would have been without the discount O Gross Profit will be higher than it would have been without the discount O Sales will be higher than it would be without the discount O Operating Expenses will be higher than they would have been without the discount Question 20 1 pts If a company can lower the cost of their merchandise, which of the following will be true? Not enough information given to answer question O Gross Profit Percentage will not be affected Gross Profit Percentage will increase Gross Profit Percentage will decrease