Which Ratio Measures the Portion of Net Sales That Is

question 105

Multiple Choice

Which ratio measures the portion of net sales that is gross profit?

• A) Gross margin ratio.
• B) Net sales ratio.
• C) Gross profit ratio.
• D) Gross margin ratio and gross profit ratio
• E) All of these answers are correct

Distinguish between different forms of written communication and their appropriate uses.

Understand the role of nonverbal communication in enhancing or hindering the communication process.

Learn the ethical implications of communication within a professional setting.

Understand the different directions of organizational communication (upward, downward, lateral, diagonal).

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Definitions:

Incidental Beneficiary

A third party who benefits from a contract between two other parties, despite not being a party to that contract and having no rights to enforce the terms of the contract.

Intended Beneficiary

A person or entity that is not a party to a contract but stands to benefit from the contract's performance.

Obligor

A contractual party who agrees to do something for the other party.

Donee Beneficiary

A donee beneficiary is a third party who benefits from a contract made between two other parties, where the intent is to gift the benefits of the contract to this third party.