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Which matters could have contributed to the reduction

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Reference no: EM132753001

The gross profit margin of Rosetta Co has fallen by 8%. The following explanations have been put forward by the finance director:

(1) The company has removed its scheme of bulk discounts to customers
(2) Factory employees have been awarded bonuses of up to 5%
(3) Closing inventory is relatively high this year end as the company has a large amount of work in progress

Problem 1: Which matters could have contributed to the reduction in gross profit margin?

Option 1: (1) and (2)

Option 2: (2) only

Option 3: (1) and (3)

Reference no: EM132753001

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