To make business decisions external users evaluate a business' risk, operating capability and financial flexibility.
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Q35: Cost of goods sold is the cost
Q36: The cost of goods sold is the
Q37: A business using a perpetual inventory system
Q38: A periodic inventory system requires a physical
Q39: Gross profit is the gross sales price
Q41: Risk is the uncertainty about the future
Q42: Operating capability refers to a business' ability
Q43: Financial flexibility refers to a business' ability
Q44: The profit margin ratio indicates the total
Q45: Gross profit percentage is another name for
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