The Gross Margin Ratio

question 56

Multiple Choice

The gross margin ratio:

• A)Is also called the net profit ratio.
• B)Indicates the percent of sales revenue remaining after covering the cost of the goods sold.
• C)Is also called the profit margin.
• D)Is a measure of liquidity and should exceed 2.0 to be acceptable.
• E)Should be greater than 1 for merchandising companies.

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Definitions:

Blood Glucose

The concentration of glucose in the blood, which is a primary energy source for the body's cells and a crucial indicator of metabolic health.

Smoking

The inhalation and exhalation of the smoke produced by burning tobacco in cigarettes, pipes, or cigars, which is a major risk factor for numerous health conditions.

Onset

The beginning or start of something, often referring to the appearance of symptoms of a disease or condition.