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Question 668 - CTFA discussion

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Which one of the following is correct formula for calculating gross margin?

A.
Net Profit/Net Sales
Answers
A.
Net Profit/Net Sales
B.
Gross Profit/Net Sales
Answers
B.
Gross Profit/Net Sales
C.
Net income/Net Sales
Answers
C.
Net income/Net Sales
D.
Gross Profit/credit Sales
Answers
D.
Gross Profit/credit Sales
Suggested answer: B
asked 16/09/2024
Tyler Raymond
39 questions
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