The gross margin ratio:
Is also called the net profit ratio.
Indicates the percent of sales revenue remaining after covering the cost of the goods sold.
Is also called the profit margin. Is a measure of liquidity and should exceed 2.0 to be acceptable.
Should be greater than 1 for merchandising companies.
Answers: 1
Business, 22.06.2019 09:00
Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25
Answers: 3
Business, 22.06.2019 19:30
Kirnon clinic uses client-visits as its measure of activity. during july, the clinic budgeted for 3,250 client-visits, but its actual level of activity was 3,160 client-visits. the clinic has provided the following data concerning the formulas to be used in its budgeting: fixed element per month variable element per client-visitrevenue - $ 39.10personnel expenses $ 35,100 $ 10.30medical supplies 1,100 7.10occupancy expenses 8,100 1.10administrative expenses 5,100 0.20total expenses $ 49,400 $ 18.70the activity variance for net operating income in july would be closest to:
Answers: 1
Business, 23.06.2019 01:00
Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs
Answers: 1
Business, 23.06.2019 01:30
Which of the following is considered part of a country’s infrastructure?
Answers: 1
The gross margin ratio:
Is also called the net profit ratio.
Indicates the percent of s...
Is also called the net profit ratio.
Indicates the percent of s...
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