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he gross profit margin: Multiple Choice Is the dollar amount of gross profit expressed as a percentage of cost of sales. Must be computed for
he gross profit margin: Multiple Choice Is the dollar amount of gross profit expressed as a percentage of cost of sales. Must be computed for the business as a whole rather than for specific sales departments. Is equal to cost of goods sold plus gross operating expenses. May indicate popular products and successful marketing strategies
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Integrated Accounting For Windows
Authors: Dale A. Klooster, Warren Allen
5th Edition
0324312490, 9780324312492
