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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 Managerial Accounting Concepts
Authors: Edmonds, Tsay, olds
6th Edition
71220720, 78110890, 9780071220729, 978-0078110894
