Which of the following would have the highest gross margin percent?
A)Lewbob's Fine AntiqueFurniture
B)Walmart
C)Dollar General
D)Sears
E)Kohl's

Question

Quizplus · Accepted Answer

All of these stores except for the specialty store of Lewbob's Fine Antique Furniture have lower gross margin percents because most of their products are sold with little mark-up.However,these stores make up for this by selling numerous products,therefore earning ample gross margin dollars.The specialty store does not sell in volume as do these other stores,therefore,needing to have a higher gross margin percent.

Which of the Following Would Have the Highest Gross Margin