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Tags
#cfa-level-1 #financial-reporting-and-analysis #income-statement
Question
[...] equals percent of sales available after deducting cost of goods sold.

Answer
Gross Profit Margin

Tags
#cfa-level-1 #financial-reporting-and-analysis #income-statement
Question
[...] equals percent of sales available after deducting cost of goods sold.

Answer
?

Tags
#cfa-level-1 #financial-reporting-and-analysis #income-statement
Question
[...] equals percent of sales available after deducting cost of goods sold.

Answer
Gross Profit Margin
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7. ANALYSIS OF THE INCOME STATEMENT
is to forecast the company's future performance. Thus analysts should not consider earnings from discontinued operations, gains or losses from the sale of discontinued operations, and non-recurring income or expenses. <span>Gross Profit Margin equals percent of sales available after deducting cost of goods sold. This percentage is available to cover selling, general and administrative costs, and also earn a profit. It indicates the basic cost structure of a c

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