The gross profit rate is an example of this type of ratio.
A) Liquidity
B) Asset Management
C) Debt Management
D) Profitability

Name: The gross profit rate is an example of this type of ratio. A) Liquidity B) Asset Management C) Debt Management D) Profitability
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Question

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The gross profit rate, which is calculated by dividing gross profit by net sales, is an example of a profitability ratio. It measures how efficiently a company uses its resources to generate profit.

The Gross Profit Rate Is an Example of This Type