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  3. Study Set
    Accounting for Non Specialists
  4. Exam
    Exam 8: Analysis and Interpretation of Financial Statements
  5. Question
    The Formula for Gross Profit Margin Is Gross Profit Divided
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The Formula for Gross Profit Margin Is Gross Profit Divided

Question 21

Question 21

Multiple Choice

The formula for gross profit margin is gross profit divided by:


A) sales.
B) total assets.
C) total equity.
D) share capital + long-term loans.

Correct Answer:

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