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  3. Study Set
    Financial Accounting Study Set 3
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    Exam 15: Financial Statement Analysis
  5. Question
    Which of the Following Could Explain an Increase in the Gross
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Which of the Following Could Explain an Increase in the Gross

Question 3

Question 3

Multiple Choice

Which of the following could explain an increase in the gross margin ratio?


A) A decrease in interest rates
B) A decrease in prices of raw materials
C) A decrease in depreciation on a delivery vehicle
D) An increase in advertising expenses

Correct Answer:

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