What Is the Formula to Calculate Gross Margin Percent

question 21

Multiple Choice

What is the formula to calculate gross margin percent?

• A)gross margin/cost of goods sold
• B)operating income/sales revenue
• C)gross margin/sales revenue
• D)sales revenue/gross margin

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Definitions:

Topic Sentence

A topic sentence is the first sentence in a paragraph that introduces the main idea or point that will be discussed throughout the paragraph.

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A storm characterized by the presence of lightning and thunder, often accompanied by heavy rain or hail.

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Fragments or remnants of something destroyed or broken down, often referring to scattered pieces of waste or ruins.

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A state of having a storage area in a house, particularly for food and provisions, fully supplied with essentials and other goods.