A company has been successful in reducing the costs of its manufactured inventory by relocating the factory

Question:

A company has been successful in reducing the costs of its manufactured inventory by relocating the factory to another locale. What effect will this factor have on the company's gross profit percentage ratio, all other things equal?

a. The ratio will not change.

c. The ratio will decrease.

b. The ratio will increase.

d. Either

(b) or (c).

(Appendix)

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