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are these answers correct ? 1. The measure (ratio) that reflects the perf sold, but not other operating costs and income taxes, is called the:

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1. The measure (ratio) that reflects the perf sold, but not other operating costs and income taxes, is called the: A. Gross margin ratio B. Profit margin ratio. C. Operating margin ratio. D. Contribution margin ratio. ormance of a manager regarding sales and cost of goods The asset turnover is a measure (ratio) of an investment center's ability to: A. Earn profits. B. Generate sales. C. Control costs. D. Remain solvent. 2. 3. Which of the following statements is (are) true? (B) The gross margin ratio is computed by dividing operating income by sales A. Only A is true. B. Only B is true. C. Both A and B are true D. Neither A nor B is true. (A) Divisional income statements do not include allocated common costs

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