Profit Margin Is Calculated by Dividing

question 181

Multiple Choice

Profit margin is calculated by dividing

• A) sales by cost of goods sold.
• B) gross profit by net sales.
• C) net income by stockholders' equity.
• D) net income by net sales.

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Definitions:

Sandstone

A sedimentary rock composed mainly of sand-sized mineral particles or rock fragments, often used in building construction.

Laocoön

This term refers to a Trojan priest of Poseidon in Greek mythology, who warned against accepting the Greek wooden horse, and to the famous ancient sculpture depicting Laocoön and his sons being attacked by sea serpents.

Aeneid

The "Aeneid" is an epic poem written by the Roman poet Virgil, telling the legendary story of Aeneas, a Trojan who traveled to Italy and became the ancestor of the Romans.

Iliad

An ancient Greek epic poem attributed to Homer, chronicling the siege of Troy and highlighting themes of heroism, wrath, and the follies of gods and men.