基礎bafs-u08-d01
The gross profit margin is calculated as:
A. Gross profit divided by sales revenue✓ 答案
B. Net profit divided by capital
C. Current assets divided by sales revenue
D. Gross profit divided by cost of sales
解說
Profitability ratios use sales revenue as the common denominator: gross margin measures the trading result, net margin the result after all expenses. Gross profit over cost of sales is a mark-up, not a margin.