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Home Q & A Board Other Fields Homework Help Business Accounting
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StormLrd StormLrd
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6 years ago
The gross margin percentage is one of the most closely watched profitability measures. It can be calculated by:
A) dividing cost of goods sold by average inventory
B) dividing gross margin by net sales revenue
C) dividing gross margin by net accounts receivable
D) dividing cost of goods sold by net sales revenue
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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TheSinTheSin
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#1
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6 years ago
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StormLrd Author
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6 years ago
Smart ... Thanks!
bkrandy
wrote...

Yesterday
Helped a lot
kc123
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2 hours ago
Good timing, thanks!
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