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13 October, 21:00

he gross profit ratio measures: Multiple Choice The amount by which the sale of inventory exceeds its cost per dollar of sales. The ratio of net income to net sales. How many times during the year a company sells its average inventory balance. How quickly the company receives inventory from its suppliers.

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  1. 13 October, 21:08
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    The amount by which the sale of inventory exceeds its cost per dollar of sales.

    Explanation:

    he gross profit margin ratio shows the percentage of sales revenue a company keeps after it covers all direct costs associated with running the business ... A higher gross profit margin, means the company has more cash to pay for indirect and other costs such as interest and one-time expenses.
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