Question: A decrease in Selling and Administrative Expenses would directly impact what ratio? a. Fixed asset turnover ratio. b. Times interest earned. c. Current ratio. d.

A decrease in Selling and Administrative Expenses would directly impact what ratio?

a. Fixed asset turnover ratio.
b. Times interest earned.
c. Current ratio.
d. Gross profit percentage.

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The correct answer is d Gross profit percentage The gross profit percentage is a measure of t... View full answer

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