Examlex
The normal balance of a liability is a ________ while the normal balance of revenue is a ________.
Financial Information
Data pertaining to the financial status and operations of an entity, including income statements, balance sheets, and cash flow statements.
Net Profit Margin Ratio
A financial metric that calculates the percentage of net income generated from net sales.
Total Asset Turnover
Total asset turnover is a financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue, calculated by dividing sales by average total assets.
Gross Profit Percentage
A financial metric expressed as a percentage that calculates the gross profit as a portion of net sales, indicating how efficiently a company uses its resources.
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