5. Which of the following is NOT a reason that the gross profit margin would...
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Accounting
5. Which of the following is NOT a reason that the gross profit margin would decrease?
The company had to reduce its selling prices due to increased competition.
The company used lower-cost raw materials but did not change its prices.
All of these are reasons why the gross profit margin would decrease.
The company changed their product mix to include more lower-margin products.
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