Net Sales Minus Cost of Goods Sold When Divided by Sales

question 32

Multiple Choice

Net sales minus cost of goods sold when divided by sales is called which of the following ratios?

• A) gross profit margin
• B) operating profit margin
• C) net profit margin
• D) net operating profit after taxes margin

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Definitions:

Opioids

A class of drugs that include the illegal drug heroin, synthetic opioids such as fentanyl, and pain relievers available by prescription, used primarily for pain relief.

Cognitive

Relating to the mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Motivation

The psychological processes that arouse and direct goal-directed behavior, including factors that drive individuals to pursue certain actions and persist in them.

Affective

Relating to moods, feelings, and attitudes; often used in the context of emotional responses.