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    Accounting Study Set 5
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    Exam 5: Retailing Operations
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    Which of the Following Is the Result of Gross Profit
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Which of the Following Is the Result of Gross Profit

Question 89

Question 89

Multiple Choice

Which of the following is the result of gross profit divided by net sales?


A) Debt ratio
B) Gross profit percentage
C) Current ratio
D) Rate of inventory turnover

Correct Answer:

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