The Gross Profit Percentage Is Calculated As

question 140

Multiple Choice

The gross profit percentage is calculated as:

• A)cost of goods sold divided by net sales revenue.
• B)net sales revenue minus gross profit on sales.
• C)net sales revenue minus cost of goods sold.
• D)gross profit divided by net sales revenue.

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Definitions:

Efficient

The ability to achieve a desired result without wasted energy or resource.

Predictable

Capable of being foreseen or declared in advance, often through observation, experience, or scientific reasoning.

Carbon Dioxide Emissions

The release of CO2 into the atmosphere, mainly from burning fossil fuels, leading to climate change.

Ethanol Fuel

A type of biofuel derived from plants such as corn or sugarcane, used as an alternative to gasoline.