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Author Question: The gross margin percentage is calculated as (Read 87 times)

effaey

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Question 1

The gross margin percentage shows how much of each sales dollar is available after which of the following income statement components has been covered?
◦ Cost of goods sold
◦ Contribution margin
◦ Net income.
◦ Operating expenses

Question 2

The gross margin percentage is calculated as
◦ net income divided by gross margin.
◦ gross margin divided by cost of goods sold.
◦ gross margin divided by net sales revenue.
◦ gross margin divided by net income.


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Marked as best answer by effaey on Feb 5, 2023

Spike8502

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effaey

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Reply 2 on: Feb 5, 2023
Excellent


raenoj

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Reply 3 on: Yesterday
:D TYSM

 

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