Define the gross profit ratio and explain what it indicates.
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Define the gross profit ratio and explain what it indicates.
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The gross profit ratio also known as the gross margin ratio or gross profit margin is a financial metric that measures the percentage of revenue remai...View the full answer
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Auditing A Practical Approach
ISBN: 9781118878415
1st Extended Canadian Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren
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