Net Income Divided by Net Sales Is Equal to The

question 1

Multiple Choice

Net income divided by net sales is equal to the:

• A)Return on total assets.
• B)Profit margin.
• C)Current ratio.
• D)Total asset turnover.
• E)Days' sales in inventory.

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Definitions:

Transgenerational Entrepreneurship

The practice of passing entrepreneurial ventures and their associated values and skills across multiple generations within a family.

Competitive Advantage

The attributes or conditions that allow a company or country to produce a good or service at a lower price or in a more desirable fashion for customers than competitors.

Innovative

The quality of being able to create new ideas, products, or methods; characterized by originality and the ability to solve problems or address needs in novel ways.

Market-Leading

A Market-Leading company is one that holds a dominant position in its industry or sector, characterized by the highest market share, strong brand recognition, and a significant influence over market trends.