Please answer every question, thanks!

What would not be a cause of a decline in the gross protit rate? Clestis 16 Not yet alwerd Select ane Points out of 2 Flay yuestion The company is selling goods at a lower selling price O b. Increased price competition Oc Cost of goods sold have increased O d. Cost of goods sold have decreased When is sales revenues recorded? Please choose the best answer. U17 Not yet answered Select one Points out of 2 Flag question When the goods are transferred from the seller to the buyer and the obligation to the customer is satisfied. O b. When the goods are shipped to the customer. Oc. When the seller of the merchandise pays for the merchandise inventory O d. When payment (cash) is received from the customer for the merchandise When services are performed for the customer. Whenever a business, using the perpetual inventory system, sells inventory- US 18 Not yet answered Points out of 2 8 Flag question Select one: O a Sales revenue is recorded. O b. Cost of goods sold is recorded. Inventory is reduced for the cast of merchandise sold Od All of the above are correct statements