Which of the following is the correct formula for calculating gross profit percentage?
A) Net profit / Net sales revenue
B) Gross profit / Net sales revenue
C) Net sales revenue / Net profit
D) Net sales revenue / Gross profit
B
Business
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Alex studies the projected financial returns from his customers including the money, resources, time and information involved in managing each account. Based on this analysis he may decide to
A. Formalize customer loyalty B. Fire some customers C. Utilize a push and pull financial information strategy D. Develop strategic, sustainable functional trusts E. None of the above
Business
The maximum that a seller who is financing a loan may charge is 0.45 annual interest.
a. true b. false
Business