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Which equation best represents the formula for gross margin, expressed as a percentage? Question 36 options: Gross Margin = (Revenue - Cost of Goods Sold)
Which equation best represents the formula for gross margin, expressed as a percentage? Question 36 options: Gross Margin = (Revenue - Cost of Goods Sold) * Revenue / 100% Gross Margin = (Revenue - Cost of Goods Sold) / Revenue * 100% Gross Margin = (Revenue - Cost of Goods Sold) / Revenue Gross Margin = (Revenue - Cost of Goods Sold) * Revenue
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
20th Edition
1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870
