How Is Gross Margin Percent Calculated

question 10

Multiple Choice

How is gross margin percent calculated?

• A) Gross margin divided by net sales
• B) Add operating and interest expenses together and divide by gross sales
• C) Net sales multiplied by gross margin
• D) Cost of goods sold divided by gross sales
• E) Divide net profit by net sales

Understand the components and presentation of operating, investing, and financing activities in the statement of cash flows.

Identify and calculate cash flows from operating activities.

Distinguish and classify cash flows related to investing activities.

Recognize and categorize cash flows pertaining to financing activities.

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