Practice financial ratios analysis multiple choice questions (MCQs), cost accounting test 1 for online exams. Practice gross margin calculations MCQs questions and answers on gross margin calculations, contribution margin versus gross margin, break even point with answers. Free financial ratios analysis quiz, online study guide has helping answer key with choices as −\$13000, \$13,000 , \$3,000 and −\$3000 of multiple choice questions as if cost of goods sold is \$8000, gross margin is \$5000 then revenue will be to test learning skills for viva exam preparation and job's interview questions. Study to learn gross margin calculations quiz questions with online learning MCQs for competitive exam preparation test. Gross Margin Calculations Video

MCQ. If the cost of goods sold is \$8000, the gross margin is \$5000 then the revenue will be

1. \$13,000
2. −\$13000
3. \$3,000
4. −\$3000

A

MCQ. Competitiveness can be best measured by

1. Gross margin
2. income margin
3. sales margin
4. cost margin

A

MCQ. The gross margin is added to the cost of sold goods to calculate

1. revenues
2. selling price
3. unit price
4. bundle price

A

MCQ. The type of distribution, which describes whether events to be occurred are mutually exclusive or collectively exhaustive can be classified as

1. mutual distribution
2. probability distribution
3. collective distribution
4. marginal distribution

B

MCQ. The fixed cost is divided by break-even revenues to calculate

1. cost margin
2. fixed margin
3. revenue margin
4. contribution margin

D