Discussion :: Engineering Economics
- Pick up the correct statement from the following:
A.
The difference between sales revenue and cost of goods sold, is known as 'Gross Profit' |
B.
The gross profit percentage is the average profit margin obtained on goods sold |
C.
The relationship of contribution to sales is known as contribution ratio |
D.
All of these |
Answer : Option D
Explanation :
Explanation Not Provided
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