Gross margin is expressed


Gross margin is expressed as…

A. Gross sales minus accounts receivable.

B. Net sales minus contribution margin.

C. Net sales minus cost of goods sold.

D. Net sales minus administrative expenses.

E. Net margin minus sales and operating expenses.

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Gross margin is expressed
Reference No:- TGS01003242

Expected delivery within 24 Hours