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  3. Study Set
    Fundamental Accounting Principles Study Set 5
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    Exam 5: Accounting for Merchandising Operations
  5. Question
    The Profit Margin Ratio Is Gross Margin Divided by Total
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The Profit Margin Ratio Is Gross Margin Divided by Total

Question 93

Question 93

True/False

The profit margin ratio is gross margin divided by total assets.

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