Ask Question
30 March, 08:10

he gross profit ratio measures: Multiple Choice The amount by which the sale of inventory exceeds its cost per dollar of sales. The ratio of net income to net sales. How many times during the year a company sells its average inventory balance. How quickly the company receives inventory from its suppliers.

+1
Answers (1)
  1. 30 March, 11:06
    0
    The amount by which the sale of inventory exceeds its cost per dollar of sales.

    Explanation:

    he gross profit margin ratio shows the percentage of sales revenue a company keeps after it covers all direct costs associated with running the business ... A higher gross profit margin, means the company has more cash to pay for indirect and other costs such as interest and one-time expenses.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “he gross profit ratio measures: Multiple Choice The amount by which the sale of inventory exceeds its cost per dollar of sales. The ratio ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers