Which of the Following Is Calculated by Dividing Net Income

question 116

Multiple Choice

Which of the following is calculated by dividing net income by net sales?

• A)Gross profit margin.
• B)Current ratio.
• C)Net profit margin.
• D)Asset turnover.

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Definitions:

Free Radical

A molecule or atom containing an unpaired electron, typically highly reactive and capable of causing a wide range of chemical reactions.

Organic Product

A compound containing carbon atoms that is typically the result of organic reactions.

N-Butyllithium

A strong base and organolithium reagent used in the deprotonation of molecules and in the synthesis of organic compounds.

Organic Product

A compound or substance that has been synthesized from carbon-based molecules, typically through chemical reactions involving organic compounds.