Profit Margin Is Net Sales Divided by Net Income

question 176

True/False

Profit margin is net sales divided by net income.

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Definitions:

Losses

The state of being deprived of or of being without something that one has had or the detrimental impact resulting from such a situation.

Quantitative Aspects

The numerical, measurable dimensions or elements of a situation, study, or problem.

Qualitative Aspects

Features or characteristics that are observed and described based on qualities rather than quantitative measurements.

Decisions

The cognitive process of selecting a course of action among several alternatives.