No answer text provided. Question 19 Which of the following would most likely result in lower gross profit margin, assuming no fixed costs? A 10% increase in the number of units sold A 5% increase in production cost per unit A 7% increase in administrative expenses Question 20 Question 21 The fundamental accounting equation is most accurately stated as: Owners' equity - assets - liabilities assets short term Babilities + contributed capital ending retained earnings + revenue expenses-dividends Fixed Assets assets NWC LTD No answer to provided grovided hp 2 3 st 5 6 7 8 W E RT A S D F G H No answer text provided. Question 22 21 Which of the following statements most likely describes a role of financial statement analysis? - Provide reasonable assurance that the financial statements are free of materialer Evaluate the effects of the Federal Reserve on price levels Evaluate an entity and out and past performance to forminions about its naturability to campo de 8 5 6 2 3 E R. W Q J K K F G H S D stock M B V C X . N