Question: Gross profit is also called gross margin. True False Question 4 (1 point) Saved Merchandise Inventory refers to products a company owns for purposes of

Gross profit is also called gross margin. True False Question 4

Gross profit is also called gross margin. True False Question 4 (1 point) Saved Merchandise Inventory refers to products a company owns for purposes of selling customers. True False Question 5 (1 point) Companies try to lengthen their operating cycles to increase profit. True False

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