The Gross Margin Percentage Is Equal To

question 310

Multiple Choice

The gross margin percentage is equal to:

• A) (Net operating income + Selling and administrative expenses)/Sales
• B) Net operating income/Sales
• C) Cost of goods sold/Sales
• D) Cost of goods sold/Net income

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Definitions:

Collaboration

The action of working with someone to produce or create something, involving mutual engagement and cooperation.

Holacracy

An organizational structure where power and decision-making are distributed throughout self-organized teams rather than being centralized in a traditional management hierarchy.

Strategize

The action of planning or devising a course of action or policy to achieve a major or overall aim.

Management Teams

Groups of individuals who work together to make decisions and oversee the implementation of those decisions within an organization.