Gross Margin

question 7

Multiple Choice

Gross margin:

• A) is a performance measure
• B) is also referred to as gross profit
• C) is a measure of how much profit a retailer is making on the sale of merchandise
• D) can be expressed as a percentage of net sales
• E) is described by all of these

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Definitions:

Entire Output Word

In digital systems, it refers to the complete set of bits (binary digits) output by a device or system at one time, representing a piece of information or data.

Sequencer Instructions

Instructions used in programmable logic controllers (PLCs) to execute a series of steps in a predefined order, often used for repetitive or sequential operations.

Nonretentive

Referring to a device or process that does not retain data or state upon power loss or reset.