Financial Accounting Questions?

S

shinee

New member
1. which factor would not affect gross profit rate?
a. increase in the sale of luxury items
b. increase in price of inventory items
c. increase in cost of heating the store
d. increase in use of discount pricing to sell merchandise

2. in periods of falling prices, LIFO will produce...?

3. which is an indicator of profitability?
a. free cash flow
b. debt to total assets ratio
c. current ratio
d. earnings per share
 
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