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What does the gross profit percentage indicate? a) For every dollar of cost of goods sold how much gross profit is earned. b) For every

What does the gross profit percentage indicate?

a) For every dollar of cost of goods sold how much gross profit is earned.

b) For every dollar of sales how much cost of goods is recognized.

c) For every dollar of gross profit how much sales revenue is earned

d) For every dollar of cost of goods sold how much sales revenue is earned

e) For every dollar of sales how much gross profit is earned

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