what is gross profit ratio?
Answers
Answered by
2
Answer:
gross profit radio is a profitable ratio that shows the relationship between gross profit and total Net sales revenue
Answered by
1
★彡 ANSWER 彡★
______________________________
Gross profit ratio (GP ratio) is a profitability ratio that shows the relationship between gross profit and total net sales revenue. It is a popular tool to evaluate the operational performance of the business . The ratio is computed by dividing the gross profit figure by net sales.
_______________________________
Similar questions