Which of the following does not affect the gross profit?
A) Selling products with a lower mark up.
B) An increase in rental of storage space.
C) Being forced to pay higher prices for inventory.
D) Increased competition resulting in having to lower selling prices.

Question

Quizplus · Accepted Answer

A decline in an entity's gross profit might have several causes such as starting to sell products with a lower mark up, increased competition resulting in a lower selling price and being forced to pay higher prices to suppliers.

Which of the Following Does Not Affect the Gross Profit