The Gross Profit Percentage Is Calculated As

question 140

Multiple Choice

The gross profit percentage 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:

Natural Extinction

The process by which species become extinct due to natural factors such as environmental changes, loss of habitat, or failure to adapt to competition.

Tropical Rain Forests

Diverse ecosystems located around the Earth's equator characterized by high annual rainfall, constant warm temperatures, and a vast variety of plant and animal life.

Deforestation

The large-scale removal of forest or tree cover, often to make land available for agricultural, urban, or other types of development, leading to ecological imbalances.

Desertification

The process by which fertile land becomes desert typically as a result of drought, deforestation, or inappropriate agriculture.