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Companies in the same industry can have very different Gross Margin % driven by which...

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Question

Accounting

Companies in the same industry can have very different Gross Margin % driven by which of the following:

Group of answer choices

The ability to charge higher prices than competitors

Efficiencies gained in purchasing and production of inventory which reduces the Cost of Goods Sold

Reduced Operating Expenses

The choice of accounting for Inventory, ie. LIFO vs. FIFO

A,B&D

Answer & Explanation Solved by verified expert
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