The Formula for Calculating the Gross Profit Ratio Is

question 13

Multiple Choice

The formula for calculating the gross profit ratio is:

• A)Gross profit after tax/sales
• B)Cost of sales/sales
• C)Gross profit /sales
• D)Sales/gross profit

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Definitions:

Complex Organizations

Large-scale entities with multiple layers of bureaucracy, diverse functions, and structured hierarchies designed to achieve specific objectives.

Organizational Communication

The process through which individuals within an organization share information, ideas, and goals to achieve the organization's objectives.

Corporate Values

Fundamental beliefs or principles that guide an organization's actions and decision-making processes, influencing its culture and public image.