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If gross margin is 6000 and total revenue is 26000 then...

This question belongs to Management Management Accounting
Management Accounting
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If gross margin is $6000 and total revenue is $26000, then gross margin percentage will be

Answer & Solution
Correct Answer: Option A
Gross margin percentage = Gross margin ÷ Total revenue × 100
= $6000 ÷ $26000 = 23.08%
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