According to Statistics Canada,what is the average gross margin for a Canadian retail operation?
A) 6 percent
B) 16 percent
C) 26 percent
D) 36 percent

Question

Quizplus · Accepted Answer

The average gross margin for a Canadian retail operation is approximately 26 percent, according to Statistics Canada. This figure represents the difference between the cost of goods sold and the sales revenue, before accounting for other expenses.

According to Statistics Canada,what Is the Average Gross Margin for a Canadian