Exactprep DA0-001 Questions

Gross profit percentage is a key performance indicator (KPI) that measures the profitability of a company’s sales by showing the percentage of revenue that exceeds the cost of goods sold (COGS). It is a critical metric for tracking sales performance because it directly reflects the efficiency of a company in managing its production costs and the profitability of its products. This KPI is essential for understanding the financial health of a business and making informed decisions about pricing, cost control, and sales strategies.

References:

• Sales KPIs are essential for measuring the effectiveness of sales activities and the profitability of those efforts1.
• Gross profit percentage is highlighted as a crucial metric for assessing the financial success of sales initiatives2.
• Understanding the difference between sales metrics and KPIs, and the importance of gross profit percentage as a KPI1.
• The significance of gross profit percentage in evaluating sales team performance and guiding business decisions3.

The report should cover the months from October 1, 2019 to October 31, 2020. A rolling 12-month average is a type of moving average that calculates the average of the last 12 months of data for each month. It is useful for smoothing out seasonal fluctuations and identifying long-term trends in the data. To calculate the rolling 12-month average for sales for November 1, 2020, the analyst needs to use the sales data from the previous 12 months, starting from November 1, 2019 and ending on October 31, 2020. The other options are either too short or too long to cover the required period.

The mean is the average of all the values in a data set. To calculate the mean, we add up all the values and divide by the number of values. In this case, the mean for Q1 sales is ($2,000 + $3,000 + $4,000 + $2,500 + $3,500) / 5 = $3,082.72 References: CompTIA Data+ Certification Exam Objectives, page 9