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Select all that apply What does the gross profit ratio indicate in a company's financial analysis? The amount by which the cost of inventory exceeds
Select all that apply
What does the gross profit ratio indicate in a company's financial analysis?
The amount by which the cost of inventory exceeds the sales revenue per dollar of sales.
The percentage by which the sale of inventory exceeds its cost per dollar of sales.
The percentage by which gross profit exceeds the cost of goods sold.
The ratio of net sales to total sales revenue before deductions.
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