Homework SourseThe difference sales and the cost goods sold is reflected by
The difference sales and the cost goods sold is reflected by the ?
A. Profit margin
B. Gross margin ratio
C. Assets turnover ratio
D. None of the above
The difference sales and the cost goods sold is reflected by the ?
A. Profit margin
B. Gross margin ratio
C. Assets turnover ratio
D. None of the above
A. Profit margin
B. Gross margin ratio
C. Assets turnover ratio
D. None of the above
Solution
B. Gross margin ratio
Gross margin is defined as the sales minus the cost of goods sold
