Pick up the correct statement from the following: Options: A . &nbspThe difference between sales revenue and cost of goods sold, is known as 'Gross Profit' B . &nbspThe gross profit percentage is the average profit margin obtained on goods sold C . &nbspThe relationship of contribution to sales is known as contribution ratio D . &nbspAll of these

Pick up the correct statement from the following:

Question

Pick up the correct statement from the following:

Options:

A . The difference between sales revenue and cost of goods sold, is known as 'Gross Profit'

B . The gross profit percentage is the average profit margin obtained on goods sold

C . The relationship of contribution to sales is known as contribution ratio

D . All of these

Answer: Option D

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