Business, 26.11.2019 06:31, alyons60

Which of the following statements is true with regard to gross margin?
a. gross margin is equal to net sales less cost of goods sold.
b. gross margin is another term for net income.
c. gross margin is equal to revenues less operating expenses.
d. gross margin is the top line of the income statement.

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Which of the following statements is true with regard to gross margin?
a. gross margin is equ...