The ___________indicates the percentage of each sales dollar remaining after the firm has paid for its goods.
A) operating profit margin
B) gross profit margin
C) earnings available to common shareholders
D) net profit margin

Question

Quizplus · Accepted Answer

Gross profit margin indicates the percentage of each sales dollar remaining after the cost of goods sold has been deducted.

The ___________Indicates the Percentage of Each Sales Dollar Remaining After