Both the gross profit percentage and the net profit margin use net sales revenue in the denominator.

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Zybrea Knight · Accepted Answer

Final Answer : True, Explanation :  Both gross profit percentage and net profit margin use net sales revenue in the denominator, but gross profit percentage uses only the cost of goods sold in the numerator, while net profit margin uses all expenses, including cost of goods sold, in the numerator.

Both the gross profit percentage and the net profit margin use net sales revenue in the denominator.

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