Question

    Gross Profit Ratio for a firm remains same but the Net

    Profit Ratio is decreasing. The reason for this could be:
    A a) Increase in Costs of Goods Sold Correct Answer Incorrect Answer
    B b) If Increase in Expense Correct Answer Incorrect Answer
    C c) Increase in Dividend Correct Answer Incorrect Answer
    D d) Decrease in Sales Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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