What is the "gross profit margin" ratio calculated as? - Practice (English) | ObjectiveMcq

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What is the "gross profit margin" ratio calculated as? - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementFinancial Statement AnalysisWhat is the "gross profit margin" r...

Financial Statement Analysis Business ManagementEasy

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What is the "gross profit margin" ratio calculated as?

Correct Answer:

(A) Gross profit / Net sales

Explanation:

Gross profit / Net sales

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