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Gross Profit Margin - What Formula?
Financial Reporting and Analyis - Reading 21, Example 5, Question 5
Asks you to calcuate gross profit margin for 2008. It should be simple.
gross profit margin = gross profit/total revenue
The solution uses:
gross profit margin = gross income/net sales
How do you know which formula to use? It was not defined. What's the best formula to use for the exam if not defined? |
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发表于 2011-7-11 19:07
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