Gross margins of wholesalers range approximately from:
A) 7% to 34%.
B) 2% to 5%.
C) 6% to 10%.
D) 30% to 50%.
E) 15% to 40%.

Question

Quizplus · Accepted Answer

Gross margins for wholesalers typically range from 7% to 34%, depending on the industry and specific products being sold. This range accounts for the variability in the cost of goods sold and the selling price across different types of wholesale businesses.

Gross Margins of Wholesalers Range Approximately From