Accountancy, asked by martinlucas, 4 months ago

State any two reason for decrease in gross profit ratio​

Answers

Answered by kamya221
0

Answer:

The decrease in the gross profit ratio may be due to the following reasons: Decrease in the selling price of goods, without any decrease in the cost of goods sold. Increase in the cost of goods sold without any increase in selling price. ... Inability of management to improve sales volume, or omission of sales.

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