Question: 3.A decrease in the gross margin ratio could be explained by: a.An increase in depreciation on a motor vehicle. b.A decrease in office telephone expenses.
3.A decrease in the gross margin ratio could be explained by:
a.An increase in depreciation on a motor vehicle.
b.A decrease in office telephone expenses.
c.An increase in the price of raw materials.
d.An increase in advertising expenses.
e.A gain on sale of equipment.
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