The Gross Margin Ratio

question 158

Multiple Choice

The gross margin ratio:

• A) Is also called the net profit ratio.
• B) Measures a merchandising firm's ability to earn a profit from the sale of inventory.
• C) Is also called the profit margin.
• D) Is a measure of liquidity.
• E) Should be greater than 1.

---

Definitions:

Linear Continuum

A conceptual line that represents a series of progressively changing values or conditions, often used to describe gradual transitions in theory or practice.

Force Policy

Guidelines and regulations that govern the use of physical force by law enforcement officers during the performance of their duties.

Taser

An electroshock weapon used by police to temporarily incapacitate a person through an electric shock.

Right To Privacy

The entitlement of individuals to have their personal information, activities, and lifestyle kept free from public scrutiny or interference.