Question
Which ratio is used to measure the comparative efficiency of a company in turning over its goods after deducting the cost of sales? Gross profit
Which ratio is used to measure the comparative efficiency of a company in turning over its goods after deducting the cost of sales?
Gross profit margin
Current ratio
Return-on-equity
Price-earnings (PE)
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Fundamental Accounting Principles Volume II
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
16th Canadian edition
1259261433, 978-1260305838
