The relative proportions or combinations of quantities of products that comprise total sales is called
A) sales mix.
B) gross margin.
C) proportional sales.
D) product ratio.

Question

Quizplus · Accepted Answer

Sales mix refers to the relative proportion or combination of quantities of products that comprise total sales. It is an important factor in determining profitability and can be used to make strategic decisions about pricing, promotions, and product development. Gross margin is a measure of profitability and is calculated as the difference between revenue and the cost of goods sold. Proportional sales and product ratio are not commonly used terms in business.

The Relative Proportions or Combinations of Quantities of Products That