Question: Choose correct answer. The gross profit rate is calculated as: net sales revenue minus cost of goods sold. gross profit divided by net sales revenue.

Choose correct answer.

Choose correct answer. The gross profit rate is calculated as: net sales

The gross profit rate is calculated as: net sales revenue minus cost of goods sold. gross profit divided by net sales revenue. cost of goods sold divided by net sales revenue. net sales revenue minus gross profit on sales

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Question: Choose correct answer. The gross profit rate is calculated as: net sales revenue minus cost of goods sold. gross profit divided by net sales revenue.

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