A company has been successful in reducing the costs of its manufacturing process by relocating the...

Question

A company has been successful in reducing the costs of its manufacturing process by relocating the factory to another locale. What effect will this factor have on the company’s gross profit percentage ratio, all other things equal?
a. The ratio will not change.
b. The ratio will increase.
c. The ratio will decrease.
d. Either (b) or (c).

David · Accepted Answer

A company has been successful in reducing the costs of its manufacturing 
process by relocating the factory to another locale. What effect will this factor 
have on the company’s gross profit percentage ratio, all other things equal? 
a. The ratio will not change. 
b. The ratio will increase. 
c.

A company has been successful in reducing the costs of its manufacturing process by relocating the factory to another locale. What effect will this factor have on the company’s gross profit percentage...

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