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    Exam 19: Inventories
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    The Ratio That Indicates an Entity's Overall Mark-Up on Goods
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The Ratio That Indicates an Entity's Overall Mark-Up on Goods

Question 29

Question 29

Multiple Choice

The ratio that indicates an entity's overall mark-up on goods sold is the:


A) return on inventory ratio.
B) gross profit ratio.
C) inventory turnover ratio.
D) profit margin ratio.

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