the gross margin is a. gross income less expenses b. cogs divided by gross sales c....

Question

Question

the gross margin is
a. gross income less expenses
b. cogs divided by gross sales
c. gross revenue less cogs
D. an amount used only by retailers

Answer 1

Answer #1

Gross Margin is : c. gross revenue less cogs Working Notes: Gross Margin = Gross Revenue - Cost of goods sold Gross Margin Ra

Answer 2

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