Q.

Gross Profit Ratio is calculated by

A. (Gross Profit/Gross sales)*100
B. (Gross Profit/Net sales)*100
C. (Net Profit/Gross sales)*100
D. None of the above
Answer» B. (Gross Profit/Net sales)*100
908
0
Do you find this helpful?
4

View all MCQs in

Management Accounting

Discussion

No comments yet