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  3. which of the following would increase the gross pr

Which of the following would increase the gross profit ratio? The cost of inventory...

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Accounting

  1. Which of the following would increase the gross profit ratio?
    1. The cost of inventory increases.
    2. The company reduces operating expenses.
    3. The sales price of a product increases by a higher percentage than does its cost of goods sold.
    4. The number of units sold increases.

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