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    Cornerstones of Managerial Accounting Study Set 3
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    What Is the Formula to Calculate Gross Margin Percent
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What Is the Formula to Calculate Gross Margin Percent

Question 21

Question 21

Multiple Choice

What is the formula to calculate gross margin percent?


A) gross margin/cost of goods sold
B) operating income/sales revenue
C) gross margin/sales revenue
D) sales revenue/gross margin

Correct Answer:

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