Unformatted text preview: commitments) and provide a buffer for unknown items. It expresses the relationship between gross profit and sales revenue . It is a measure of how well each dollar of a company's revenue is utilized to cover the costs of goods sold. ...
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This note was uploaded on 04/18/2011 for the course ECON 101 taught by Professor Bill during the Spring '97 term at Ohio State.
- Spring '97