The Gross Profit Percentage

question 62

Multiple Choice

The gross profit percentage:

• A) is markup stated as a percentage of cost.
• B) is also known as the gross margin percentage.
• C) will increase if a company is experiencing financial difficulty.
• D) fluctuates significantly for most companies from year to year.

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Definitions:

Information Provision

The act of supplying or making available information to individuals or groups.

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