The Addition and Subtraction of Decimals Is Very Similar To

question 33

Multiple Choice

The addition and subtraction of decimals is very similar to:

• A) adding whole numbers only
• B) adding and subtracting fractions
• C) adding and subtracting whole numbers
• D) adding fractions only

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Definitions:

Net Profit Margin

A profitability ratio that measures the percentage of each sales dollar that remains as profit after all expenses, including taxes, have been paid.

Net Income

The total profit of a business after subtracting all expenses from total revenues.

Operating Income

The profit realized from a business's operations after deducting operating expenses such as wages, depreciation, and cost of goods sold.

Inventory Turnover

A financial ratio that measures the number of times a company’s inventory is sold and replaced over a specific period, reflecting the efficiency of inventory management.