Which of the following would not affect the operating expenses to sales ratio? (Assume sales remains constant.)
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Which of the following would not affect the operating expenses to sales ratio? (Assume sales remains constant.)
(a) An increase in advertising expense.
(b) A decrease in depreciation expense.
(c) An increase in cost of sales.
(d) A decrease in insurance expense.
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Related Book For
Financial Accounting Reporting, Analysis And Decision Making
ISBN: 9780730363279
6th Edition
Authors: Shirley Carlon
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