A Company Had Net Sales of $545,000 and Cost of Goods

question 207

True/False

A company had net sales of $545,000 and cost of goods sold of $345,000,which means its gross margin is equal to $200,000.

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Definitions:

Call Frequency

The number of times a salesperson contacts a prospective or current customer within a given time frame.

Job Analysis

The process of examining and evaluating the specific elements and requirements of a job, including tasks, duties, and responsibilities.

Job Description

A formal account of an employee's responsibilities, duties, and the requirements for a specific position.

Effective Recruitment And Selection

The process of identifying and hiring the best-qualified candidates from within or outside of an organization in a timely and cost-effective manner.