Question

how does an increase in bad debts affect a sole trader financial statement
a) increases net profit
b, decreases net profit
c. increases gross profit
d. decreases gross profit ​

Answer 1

Answer:

hi

Explanation:

increases gross profit_____---------

Answer 2

Answer

Increases Gross profit

Explanation:

 While it helps in Increasing of gross profit margin is that the profit an organization makes once deducting the costs associated with making and dealings its product,

This earnings will appear on a company's profit-and-loss statement and may be calculated by subtracting the value of merchandise sold from revenue

These labor and provides in manufacturing merchandise or services.

This metric is useful for examination a company's production efficiency over time.

gross profit margin is expressed as a currency price, gross profit margin margin as a proportion