Manifest understanding of starting and operating a simple business • Implement the business plan • Identify the reasons for keeping business records • Perform key bookkeeping tasks • Identify where there is a profit or loss for a business; and • Generate an overall report on the activity
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Q 1/1
Score 0
​The gross profit rate of the entrepreneurial venture is computed by dividing the cost of goods sold by net sales.
30
true
false
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1 question
Q.
The gross profit rate of the entrepreneurial venture is computed by dividing the cost of goods sold by net sales.
