Profit Margin Is Calculated by Dividing Net Income by

question 13

Multiple Choice

Profit margin is calculated by dividing net income by

• A)gross profit.
• B)income from operations.
• C)sales.
• D)gross margin.

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Definitions:

IF…THEN…ELSE Merge Rule

A conditional statement in programming and data processing that executes different actions based on whether a specified condition is true or false.

Merge Fields

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Data Source

The origin of the data used in a document or application, which can be a database, a file, or another application.

Preview Mail Merge

A function in word processing software that allows users to view how merged documents will appear before completing the mail merge process, which combines a template with a data source to produce personalized documents.