Dividing Gross Profit by Net Sales Produces

question 116

Multiple Choice

Dividing gross profit by net sales produces:

• A)operating expenses.
• B)gross profit margin.
• C)long-term profitability.
• D)gross profit flow.

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Definitions:

Mediation

A confidential and voluntary process involving a neutral third party to help resolve disputes or conflicts.

Wrongful Dismissal

A lawsuit filed in a court by an employee alleging that he or she was dismissed without proper contractual or “reasonable” notice.

Reasonable Notice

The period of notice that an employer is legally required to give an employee before terminating their employment, or that an employee should give an employer before resigning.

Employer's Ability

Employer's ability refers to the capacity or resources an employer has to provide employment, manage workers, and ensure a productive workplace.