A Component of Operating Efficiency and Profitability,calculated by Expressing Profit

question 71

Multiple Choice

A component of operating efficiency and profitability,calculated by expressing profit as a percentage of net sales,is the

• A)Acid-test ratio
• B)Merchandise turnover
• C)Price-earnings ratio
• D)Accounts receivable turnover
• E)Profit margin

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Definitions:

Value Of Y

This term refers to discovering or discussing the numerical or literal content assigned to the variable identified as 'Y'.

Switch Statement

A switch statement is a control statement in programming languages used to perform different actions based on different conditions.

CompareTo Method

A method in Java that is used for comparing two objects or values, typically returning a negative integer, zero, or a positive integer based on the comparison.

If Statement

A control flow statement that specifies a block of code to be executed if a specified condition evaluates to true.