Net sales minus cost of goods sold when divided by sales is called:
A)gross profit margin
B)operating profit margin
C)net profit margin
D)net operating profit after taxes margin

Name: Net sales minus cost of goods sold when divided by sales is called: A)gross profit margin B)operating profit margin C)net profit margin D)net operating profit after taxes margin
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Question

Quizplus · Accepted Answer

The formula for gross profit margin is (Net Sales - Cost of Goods Sold)/Net Sales. So, the answer is A.

Net Sales Minus Cost of Goods Sold When Divided by Sales