Gross margin is the difference between sales revenue and cost of goods sold. It represents the amount of revenue left over after deducting the variable costs associated with producing and selling a product or service. It is a key financial metric that indicates the profitability of the company's core operations.

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Gross Margin Is

Question 211

Multiple Choice

Gross margin is:

A) contribution margin less fixed costs.
B) sales revenue less cost of goods sold.
C) contribution margin less variable costs.
D) sales revenue less variable costs.

Correct Answer: