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Gross profit margin is calculated by dividing t... - SS2 Commerce Calculation of gross and net profit to turnover. Question

Gross profit margin is calculated by dividing the ______ by the turnover and multiplying by 100.

 

A

Gross profit

 

B

Cost of goods sold (COGS)

 

C

Gross profit

 

correct option: a

Gross profit

 

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