Business
Business, 12.06.2021 23:30, groovyghoulie5630

The gross margin ratio: Multiple Choice Should be greater than 1 for merchandising companies. Indicates the percent of sales revenue remaining after covering the cost of the goods sold. Is a measure of liquidity and should exceed 2.0 to be acceptable. Is also called the net profit ratio. Is also called the profit margin.

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The gross margin ratio: Multiple Choice Should be greater than 1 for merchandising companies. Indica...

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