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  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 4: Accounting for Merchandising Businesses
  5. Question
    Gross Margin Is Equal to the Amount of Change (Increase
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Gross Margin Is Equal to the Amount of Change (Increase

Question 82

Question 82

True/False

Gross margin is equal to the amount of change (increase or decrease)in Merchandise Inventory during a period.

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