Kraft Heinz was forced to pay $62 million to settle charges of accounting fraud. Two top executives coordinated the plan, which involved some accounting trickery that overstated the company's cost savings by about $208 million dollars. What was the effect on Kraft Heinz's gross margin ratio?

Answer rating: 100% (QA)

To determine the effect of the accounting fraud on Kraft Heinzs gross margin ratio we first need to ... View the full answer