Quiz: Profitability Ratios - Gross Profit Margin
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about business finance and profitability, let's test your understanding of Gross Profit Margin!
What does 'Gross Profit Margin' measure?
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A business has a gross profit of £25,000 and revenue of £100,000. Calculate its Gross Profit Margin.
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Gross Profit Margin is expressed as a {{blank0}} and shows how efficiently a business is managing its {{blank1}}.
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Which of the following can increase Gross Profit Margin? (Select all that apply)
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Match the items on the left with their correct pairs on the right
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If a business improves its Gross Profit Margin, what does this indicate?
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Match the items on the left with their correct pairs on the right
A business has revenue of £200,000 and cost of sales of £120,000. Calculate its Gross Profit Margin.
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Which of the following is the correct formula for Gross Profit Margin?
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Which of the following could reduce a business's Gross Profit Margin? (Select all that apply)
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