Civil Engineering - Engineering Economy - Discussion

Discussion Forum : Engineering Economy - Section 2 (Q.No. 23)
Pick up the correct statement from the following:
The difference between sales revenue and cost of goods sold, is known as 'Gross Profit.'
The gross profit percentage is the average profit margin obtained on goods sold.
The relationship of contribution to sales is known as contribution ratio
The difference between sales and variable cost of sales, is called contribution.
All of these
Answer: Option
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