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When assessing the financial performance of a potential supplier, it is important to understand how...

When assessing the financial performance of a potential supplier, it is important to understand how much gross profit they are making. The gross profit margin ratio uses which of the following pieces of information from the profit and loss (statement of financial performance)? Select TWO that apply.

A.

Cost of goods sold

B.

Value of equity capital

C.

Income from sales

D.

Current liabilities

E.

Total current assets

CIPS L4M4 Summary

  • Vendor: CIPS
  • Product: L4M4
  • Update on: Jul 30, 2025
  • Questions: 217
Price: $52.5  $149.99
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