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Management · Q270

Management Accounting

Graduate and Post Graduate · Management · question 270

Q270

Competitiveness can be best measured by

A.
Gross margin
Answer
B.
income margin
C.
sales margin
D.
cost margin

Answer: Option A

Solution

Answer: Option A
Solution:
Competitiveness can be best measured by gross margin. Gross margin is a company's net sales revenue minus its cost of goods sold (COGS). In other words, it is the sales revenue a company retains after incurring the direct costs associated with producing the goods it sells, and the services it provides.