Which of the following statements does not describe gross margin?
A. It can be expressed as a percentage of net sales.
B. It is a measure of return on assets.
C. It is also referred to as gross profit.
D. It is the profit on the goods sold excluding the operating expenses.
E. It is a performance measurement.
Answer: B
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Industries with relatively high market-to-book ratios are more likely to have ___________________________________ assets
Fill in the blank(s) with correct word
Which of the following statements is not true about a 2-for-1 stock split?
a. Total contributed capital increases. b. Par value per share is reduced to half of what it was before the split. c. A stockholder with ten shares before the split owns twenty shares after the split. d. The market price probably will decrease.
Which of the following is true about a brand manager and a product category manager?
A) They are two titles for the same job. B) They have the same functional responsibilities. C) They probably work for large firms. D) They are mainly responsible for financial decisions. E) They do not consider new product lines.
Use the information in Figure K.1. What is the rectilinear distance between offices B and D?
A) greater than 65 feet B) greater than 45 but less than or equal to 65 feet C) greater than 25 but less than or equal to 45 feet D) less than or equal to 25 feet