A decline in a company’s gross profit could be caused by all of the following except….?

A decline in a company's gross profit could be caused by all of the following except...

A) selling products with a lower markup.

B) clearance of discontinued inventory.

C) paying lower prices to its suppliers.

D) increasing competition resulting in a lower selling price.

1 Answer

  • A decline in a company's gross profit could be caused by all of the following except...

    C) paying lower prices to its suppliers.

    Other things being equal, this shd increase the gross profit.

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