Approximately How Many Businesses Are There in Canada

question 27

Multiple Choice

Approximately how many businesses are there in Canada?

• A) 960,000
• B) 5.32 million
• C) 1.17 million
• D) 10.85 million

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Definitions:

Profit Margin

A financial metric that measures the amount by which revenue from sales exceeds costs in a business, expressed as a percentage.

Net Income

The total profit (or loss) of a company after all expenses and taxes have been subtracted from total revenues.

Net Sales

The total revenue generated from sales of goods or services, minus returns, allowances, and discounts.

Price-Earnings Ratio

A measure used to value a company that shows how much investors are willing to pay per dollar of earnings.