Expressing Gross Margin for 2013 as a Percentage of Net

question 30

Multiple Choice

Expressing gross margin for 2013 as a percentage of net sales in 2013 is an example of:

• A) vertical analysis
• B) horizontal analysis
• C) ratio analysis
• D) economic value added

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Definitions:

Undue Influence

Improper or unfair persuasion by one party over another, often resulting in decisions or agreements that benefit the influencer.

Clergyman

A male priest, minister, or religious leader, especially one authorized to perform sacred rituals and ceremonies in Christian denominations.

Emotional Susceptibility

A person's tendency to be easily affected by emotional experiences or to be more sensitive to emotional stimuli.

Essential Supplies

Materials or items that are considered absolutely necessary for the operation of a business or during a crisis situation.