Which of the following is true of the gross profit percentage?

A) Gross profit percentage is the same for companies in all industries.
B) Gross profit percentage is used to measure the solvency of a company.
C) The gross profit percentage is one of the most carefully watched measures of profitability.
D) A service company must show its gross profit percentage in its income statement.


C) The gross profit percentage is one of the most carefully watched measures of profitability.

Business

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Production is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.

Answer the following statement true (T) or false (F)

Business

The early majority are the very first customers to try a product

Indicate whether the statement is true or false

Business

______ are narratives.

Fill in the blank(s) with the appropriate word(s).

Business

PepsiCo's Global Code of Conduct plays a pivotal role in ensuring that PepsiCo's employees, managers, and directors around the world are complying with the company's high ethical standards. Which of the three schools of thought are reflected in PepsiCo's Global Code of Conduct? Please explain your answer.

What will be an ideal response?

Business