Assuming that all else is equal,which of the following companies is most profitable?
A)A company with low gross profit percentage and low sales volume
B)A company with high gross profit percentage and high sales volume
C)A company with low gross profit percentage and high cost of goods sold
D)A company with low sales volume and high cost of goods sold

Question

Quizplus · Accepted Answer

A higher gross profit ratio means that greater profit is available to cover operating and other expenses.A higher sales volume would increase the amount of gross profit.

Assuming That All Else Is Equal,which of the Following Companies