A decline in a company’s gross profit could be caused by all of the following except….?
A decline in a company's gross profit can be attributed to several factors. Which of the following is NOT a potential cause? A) Selling products with a lower markup. B) Clearance of discontinued inventory. C) Paying lower prices to its suppliers. D) Increasing competition leading to a lower selling price.
1 Answers
Nov 11, 2024
A decline in a company's gross profit could be caused by all of the following except...
C) paying lower prices to its suppliers.
Other things being equal, this shd increase the gross profit.
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