A company's gross profit margin is 20%. This means:

A. For every P1 of revenue, the company earns a profit of P0.20.
B. The company's operating expenses are 20% of its revenue.
C. The company's cost of goods sold is 80% of its revenue.
D. The company is very profitable.

Question

24-06-2024
Business

Answered

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A company's gross profit margin is 20%. This means:

A. For every P1 of revenue, the company earns a profit of P0.20.
B. The company's operating expenses are 20% of its revenue.
C. The company's cost of goods sold is 80% of its revenue.
D. The company is very profitable.

Sagot :

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A company's gross profit margin is 20%. This means:A. For every P1 of revenue, the company earns a profit of P0.20. B. The company's operating expenses are 20% of its revenue. C. The company's cost of goods sold is 80% of its revenue. D. The company is very profitable.

Sagot :

Other Questions

A company's gross profit margin is 20%. This means:

A. For every P1 of revenue, the company earns a profit of P0.20.
B. The company's operating expenses are 20% of its revenue.
C. The company's cost of goods sold is 80% of its revenue.
D. The company is very profitable.