Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive 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


Sagot :

Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.