________ indicates the percentage of each sales dollar remaining after the firm has paid for its goods.
A) Net profit margin
B) Operating profit margin
C) Gross profit margin
D) Earnings available to common shareholders

Question

Quizplus · Accepted Answer

Gross profit margin represents the percentage of each sales dollar remaining after the firm has paid for its goods. It is calculated by subtracting the cost of goods sold from the revenue and dividing by revenue.

________ Indicates the Percentage of Each Sales Dollar Remaining After