The adequacy of the gross profit margin depends on:

Name: The adequacy of the gross profit margin depends on:
Brand: Quizplus
Rating: 4.7 (38 reviews)

Question

Quizplus · Accepted Answer

The gross profit margin is calculated by subtracting the cost of goods sold (buying price) from the sales revenue (selling price). Therefore, both A (selling price) and B (buying price) are factors that affect the adequacy of the gross profit margin. Total expenses (C) are deducted from the gross profit margin to arrive at the net profit margin, which is a separate metric.

The Adequacy of the Gross Profit Margin Depends On