The Gross Profit Rate Is Calculated As

question 33

Multiple Choice

The gross profit rate is calculated as:

• A) cost of goods sold divided by net sales revenue.
• B) net sales revenue minus gross profit on sales.
• C) net sales revenue minus cost of goods sold.
• D) gross profit divided by net sales revenue.

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Definitions:

Kinesthesis

The sense that detects body position, movement, and balance, often referred to as the sense of muscular movement.

Cocking Head

The action of tilting or turning the head to one side, often as a gesture of curiosity, listening, or confusion.

Sound Location

The ability to identify the origin of a sound in space.

Pitch

A tone’s experienced highness or lowness; depends on frequency.