Which of the Following Is the Correct Formula for Calculating

question 152

Multiple Choice

Which of the following is the correct formula for calculating gross profit percentage?

• A) Net profit / Net sales revenue
• B) Gross profit / Net sales revenue
• C) Net sales revenue / Net profit
• D) Net sales revenue / Gross profit

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Definitions:

Managers

Individuals responsible for controlling or administering all or part of a company or similar organization.

Manage Conflict

The process of identifying and addressing differences that arise in a group, aiming to reach an agreement or solution.

Assertive

Exhibiting confidence and directness in stating needs or opinions without being aggressive.

Competitor

Someone who manages conflict by being competitive and pushing ideas and solutions on others.