A Net Profit Margin Ratio of 0

question 41

True/False

A net profit margin ratio of 0.2 means that $1 of profit is generated for every $5 of sales revenue.

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Definitions:

Compensation

This represents payment or benefits provided to an employee or executive by an employer for services rendered.

Injuries

Physical harm or damage to a person's body.

Life Insurance Proceeds

The money paid out by a life insurance company to the beneficiary upon the insured's death.

Taxable

Describes income, goods, or transactions subject to taxation, according to government laws and regulations.