Which of the Following Measures the Percentage of Sales Revenue

question 1

Multiple Choice

Which of the following measures the percentage of sales revenue a firm can retain after all expenses are deducted from gross revenues?

• A) gross profit
• B) net margin
• C) operating margin
• D) working capital

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Definitions:

Perfectly Inelastic

A market scenario where a change in price does not affect the quantity demanded or supplied, often represented with a vertical demand or supply curve.

Demand Curve

An illustrated chart that represents how the price of a good or service affects its demand within a certain period.

Trimalleolar Fracture

A type of ankle fracture that involves all three malleoli of the ankle bones.

Displaced

Refers to something forcefully moved or put out of its usual or proper place, often used in medical contexts, like bone fractures.