Another term for gross margin is
A)original markup.
B)markdown.
C)return on sales.
D)discounted price.
E)maintained markup.

Question

Quizplus · Accepted Answer

Gross margin refers to the difference between the selling price and the cost of goods sold. Maintained markup, on the other hand, is the percentage by which the selling price exceeds the cost of goods sold. They are essentially the same concept expressed in different ways. Therefore, the best choice for another term for gross margin is E) maintained markup.

Another Term for Gross Margin Is