Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if everything else remained constant, which of the

If everything else remained constant, which of the following would likely decrease gross profit margin?...

60.1K

Verified Solution

Question

Accounting

If everything else remained constant, which of the following would likely decrease gross profit margin?

Select one:

a.

increasing inventory turnover

b.

finding a lower cost supplier for inventory

c.

lowering sales price

d.

reducing the risk of obsolete inventory

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Brief Exercise 6-5 Calculate ending inventory and cost of goodssold using FIFO (LO6-3)During the...Brief...

Biology
1.2K views

Compare your crayfish with one of the opposite gender. What body region or segment are the walking legs...

Calculus
1.2K views

1 point Let g x f t dt where f t is given in the...

Accounting
1.2K views

1. Determine the total amount of non-controlling interest in 2021 & 2022 and state...

Accounting
1.2K views

explain why and how an employee would: request additional tax deductions at source apply for...

Accounting
1.2K views

Fanning Bunk's startup division establishes new branch banks, Each branch opens with three tellers. Total...

Accounting
1.2K views

Which of the following entry is recorded when indirect materials are transferred to office dept.?...

Accounting
1.2K views

dont copy anywhere else i will downvote

Finance
1.2K views

Chapter 8: Financial According to this information, what will Sivar's EBIT be if sales actually...

Finance
1.2K views

What is the value today of $4,800 per year, at a discount rate of 8...

Finance
1.2K views

How well is Costco performing from a financial perspective? Do some number-crunching using the data...

Accounting
1.2K views

Analyze the following T-accounts: 1(Click the icon to view the T-accounts.) Determine the missing amounts....