What does the gross profit percentage measure? How is it computed?
What will be an ideal response?
Answer: The gross profit percentage measures the profitability of each sales dollar above the cost of goods sold. Gross profit percentage equals gross profit divided by net sales revenue.
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________ is a doctrine that says automobile manufacturers are under a duty to design automobiles by taking into account the possibility of harm from a person's body striking something inside the automobile in the case of a car crash
A) Crash avoidance B) Crashworthiness C) Risk compensation D) Conspicuity
The characteristics of a special warranty deed include:
A) the grantor warrants the title so far as it concerns his acts or omissions. B) the grantor warrants the title to be free of defects caused by acts or omissions of others. C) a general warranty of title. D) All of these.
In a goodness-of-fit chi-square test, if the null hypothesis states "The sample was drawn from a population that follows the binomial distribution" and the test has 6 categories that are mutually exclusive and exhaustive, the number of degrees of freedom will be
a. 3. b. 4. c. 5. d. 6. e. 7.
There have been pasta sauces on the market for years. These sauces have always required the pasta to be precooked before it is mixed with the sauces and other ingredients. The development of Prego Pasta Bake Sauce that does not require the use of pre-cooked pasta would be an example of a(n)
A. discontinuous innovation. B. continuous innovation. C. dynamically continuous innovation. D. disruptive innovation. E. evolutionary innovation.