Which of the following would increase the gross profit ratio? Multiple Choice The...
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Accounting
Which of the following would increase the gross profit ratio? Multiple Choice The company reduces operating expenses. The sales price of a product increases by a higher percentage than does its cost of goods sold. The cost of inventory increases. The number of units sold increases.
Which of the following would increase the gross profit ratio?
Multiple Choice
The company reduces operating expenses.
The sales price of a product increases by a higher percentage than does its cost of goods sold.
The cost of inventory increases.
The number of units sold increases.
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