Q270
Competitiveness can be best measured by
A.
Gross margin
AnswerB.
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.