The formula for gross profit margin is gross profit divided by:
A) sales.
B) total assets.
C) total equity.
D) share capital + long-term loans.
Correct Answer:
Verified
Q4: Operating profit before interest and taxation, divided
Q5: A firm has total assets of $800,000
Q6: Place the key steps in financial ratio
Q7: A firm has total assets of $900,000
Q8: Which ratios measure the degree of risk
Q10: The incorrect statement concerning financial ratios is:
A)A
Q11: Calculate the return on capital employed if
Q12: What is a good benchmark to compare
Q13: Which ratio is considered to be the
Q14: Which ratios are specifically concerned with assessing
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