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

---

Definitions:

Personality

A psychological characteristic or blend of characteristics that make a person unique.

Employment Selection

The process of evaluating and choosing the most suitable candidate for a job position.

Adult Career Concerns Inventory

A self-assessment tool designed to help individuals understand their career-related concerns and challenges at different stages of adult life.

Attitudinal Readiness

The state of being mentally prepared and willing to adopt certain attitudes or behaviors, often in the context of change or learning.