What was Bezique's gross margin percentage in 2025?

• A. 25.0%
• B. 24.3%
• C. 25.7%
• D. 26.1%

Answer: (C)

Gross margin percentage measures how much of sales revenue remains after covering the cost of goods sold. It’s computed by taking gross profit (net sales minus cost of goods sold), dividing by net sales, and expressing the result as a percentage: gross margin = (gross profit / net sales) × 100.

For Bezique in 2025, the gross margin is 25.7%, meaning the gross profit portion is 25.7% of net sales. If the margin were 25.0%, gross profit would be 25% of net sales (and COGS would be 75% of net sales); a 24.3% margin would imply a smaller gross profit share, and 26.1% would imply a larger gross profit share. The 25.7% figure precisely reflects the ratio of gross profit to net sales in that year's numbers.