Question: Identify the assumption(s) underlying the gross profit method. (Check all that apply.) Multiple select question. The ratio of cost of goods sold to net sales

Identify the assumption(s) underlying the gross profit method. (Check all that apply.) Multiple select question. The ratio of cost of goods sold to net sales are relatively constant from period to period. The rate of gross profit on sales is relatively constant from period to period. Gross profit is relatively constant from period to period. Net sales are relatively constant from period to period

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