A low overall gross margin may mean that a firm's operating expenses are too high.

Name: A low overall gross margin may mean that a firm's operating expenses are too high.
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Question

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A low overall gross margin typically indicates that a firm's cost of goods sold is high relative to its sales, not necessarily that its operating expenses are too high. Operating expenses are considered separately from the calculation of gross margin.

A Low Overall Gross Margin May Mean That a Firm's