All of the Following Statements Regarding Profit Margin Are True

question 157

Multiple Choice

All of the following statements regarding profit margin are true except:

• A)Profit margin reflects the percent of profit in each dollar of revenue.
• B)Profit margin is also called return on sales.
• C)Profit margin can be used to compare a firm's performance to its competitors.
• D)Profit margin is calculated by dividing net income by net sales.
• E)Profit margin is not a useful measure of a company's operating results.

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Definitions:

Secondary Sex Characteristics

Physical features that emerge during puberty which are not directly involved in reproduction but distinguish the male and female bodies.

Testosterone

A steroid hormone that plays a key role in the development of male reproductive tissues and secondary sexual characteristics.

Breast Development

The process of physical maturation in which the breasts grow and change during puberty and pregnancy.

Experience Sampling

A method in which participants report their thoughts, feelings, or behaviors in real time or at random intervals throughout the day.