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:

Payroll Items

Various components that make up an employee's pay, including wages, bonuses, deductions, and taxes.

Employee Responsibility

Obligations and duties that an employee is expected to fulfill as part of their role within an organization.

Payroll Items

Components that make up an employee's pay, including wages, salaries, bonuses, deductions, and taxes.

Employer Responsibility

The legal and ethical obligations that an employer has towards their employees, including providing a safe working environment, fair wages, and respecting labor laws.