(A) Inventory turnover ratio
(B) Gross profit rate
(C) Return on Investment
(D) None of the given options
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(A) Inventory turnover ratio
(B) Gross profit rate
(C) Return on Investment
(D) None of the given options
Gross Profit Rate (or Gross Profit Ratio)= GROSS PROFIT/NET SALES *100
THEN WHY OPTION D IS CORRECT NOT OPTION B