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Explain the Computation and the Meaning of Each of the Following

question 41

Essay

Explain the computation and the meaning of each of the following:
a.Gross margin percentage
b.Return on sales


Definitions:

Binding Decision

A legal determination made by a court, arbitration panel, or regulatory agency that is final and must be followed by the parties involved.

Order

A directive or an instruction for something to be prepared, served, sent, or executed.

Administrative Hearing

A legal proceeding before an administrative agency, allowing for the resolution of disputes or regulatory violations.

Hemophilia

A genetic disorder in which blood does not clot properly.

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