The gross margin percentage can be calculated by dividing cost of goods sold by net sales revenue.

Name: The gross margin percentage can be calculated by dividing cost of goods sold by net sales revenue.
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Question

Quizplus · Accepted Answer

The gross margin percentage is calculated by subtracting cost of goods sold from net sales revenue, and then dividing the result by net sales revenue. The formula is:

Gross margin percentage = ((Net sales revenue - Cost of goods sold) / Net sales revenue) x 100%

The Gross Margin Percentage Can Be Calculated by Dividing Cost