Civil Engineering - Engineering Economy - Discussion

Discussion :: Engineering Economy - Section 2 (Q.No.23)

23. 

Pick up the correct statement from the following:

[A]. The difference between sales revenue and cost of goods sold, is known as 'Gross Profit.'
[B]. The gross profit percentage is the average profit margin obtained on goods sold.
[C]. The relationship of contribution to sales is known as contribution ratio
[D]. The difference between sales and variable cost of sales, is called contribution.
[E]. All of these

Answer: Option E

Explanation:

No answer description available for this question.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.