Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

If a company has Net Sales of $500,000 and Cost of Goods Sold (COGS) of $300,000, then the Gross Profit

Margin will be 60%.

False

a.

b. True

It is impossible for companies to have a negative cash conversion cycle.

a. False

Ob. True