and managers generally prefer a high gross profit percentage, rather than a low gross profit percentage.

Name: and managers generally prefer a high gross profit percentage, rather than a low gross profit percentage.
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A high gross profit percentage indicates that a company is efficiently producing its goods or services and selling them at a price significantly higher than their cost, which is generally preferred as it suggests better financial health and profitability potential.

And Managers Generally Prefer a High Gross Profit Percentage, Rather