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Ratios of Profitability: Gross Profit Ratio
College-Cram.com:: Finance:: Ratios of Profitability:: Gross Profit RatioThis page is Sponsored by:
Description: The gross profit ratio indicates how much of each sales dollar is available to meet expenses and profits after merely paying for the goods that were sold. This interactive tutorial explains the gross profit ratio by walking you through the steps, including where Sales and Cost of Goods Sold are on the Income Statement. It lets you use your own numbers -- great for checking homework answers!
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