What Is the Formula for Calculating the Gross Profit Ratio

question 16

Multiple Choice

What is the formula for calculating the gross profit ratio?

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

---

Definitions:

Happy Marriage

A marital relationship characterized by mutual respect, trust, support, and effective communication that contributes to the wellbeing and satisfaction of both partners.

Internal Locus of Control

The belief that one has control over their life events and outcomes, as opposed to external forces.

Social Support

The assistance and comfort received from friends, family, and others, which is considered to be an important factor in dealing with stress and life challenges.

Willpower

The ability to control impulses and make decisions that align with personal goals and societal norms.