Which One of the Following Is Correct Formula for Calculating

question 87

Multiple Choice

Which one of the following is correct formula for calculating gross margin?

• A) Net Profit/Net Sales
• B) Gross Profit/Net Sales
• C) Net income/Net Sales
• D) Gross Profit/credit Sales

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Definitions:

Poor Communications

The failure to convey or exchange information effectively, resulting in misunderstandings or conflicts.

Operations Management

The process of planning, organizing, and supervising the production, manufacture, or provision of services, emphasizing efficiency and effectiveness.

Being Flexible

The capacity to adapt to new, different, or changing requirements and conditions in a responsive and practical manner.

Self-management

The ability of an individual to manage their own activities, emotions, and behaviors effectively without external supervision.