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    Intermediate Accounting Study Set 3
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    Exam 8: Cost-Based Inventories and Cost of Sales
  5. Question
    The Difference Between the Gross Margin Percentage and Cost Ratio
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The Difference Between the Gross Margin Percentage and Cost Ratio

Question 130

Question 130

True/False

The difference between the gross margin percentage and cost ratio is usually called the mark-up rate.

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