Multiple Choice
"Total sales - Total cost of sales" is the formula a manager uses to calculate an operation's
A) prime cost.
B) gross profit.
C) profit margin.
D) cost of sales percentage.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q19: In the last quarter an operation had
Q20: Last month a manager's operation achieved $60,000
Q21: High beverage inventory turnover rates accompanied by
Q22: What is the name of the activity
Q23: What is the primary purpose of a
Q25: Managerial accounting is the process used to
Q26: What is the formula managers use to
Q27: What is a cost that would be
Q28: A Uniform Systems of Accounts describes the
Q29: An operation had a beginning beverage inventory