wWhich of the tollowing would reduce net proft but hae noeffect on gross profica negotiating a lower purchase price for raw materials a reduction in spend on training of distribution staff reducing the commission rate paid to salesmen an increase in IT support costs for the accounting package used If current assets are E30,000, and the current ratio is 1.5, then the value of current liabilities is 10,000 30,000 20,000 How would an increase in administration costs affect reported profits? Decrease Operating Profit, but has no effect on Gross Profit. No impact on Operating Profit but will decrease Gross Profit. No impact on Operating Profit, but will increase Gross Profit. Increase Operating Profit, but decreases Gross Profit