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Gross profit margin = Gross profit/sales For calculating Gross profit: Gross profit = Sales – COGS = Sales – (Opening inventory + purchases – closing inventory + other manufacturing expenses) = 100000 – (10000 + (75000-2000) + 2000 + 5000) = 10000 Gross profit margin = 10000/100000 = 10%
Which of the following is a second-order condition of short-run equilibrium of firm under perfect competition?
The Drobish-Bowley price index formula is the -
Infant mortality rate is the ratio of -
The variance of first n natural numbers is -
Two random variables x and y have the following regression equations -
3x + 2y – 26 = 0
6x + y – 31 = 0
then, the mean values o...
Which of the following statement is not true?
The most appropriate diagram to represent data relative to monthly expenditure on different items of a family is -
Supply Curve is a part of -
Residual method is used to measure -
byx and bxy are two regression coefficients. If byx > 0, then bxy will be -