A Firm's Profit Margin, or Return on Sales, Is Computed

question 67

True/False

A firm's profit margin, or return on sales, is computed by dividing net income by net sales.

---

Definitions:

Attention-Deficit

A disorder characterized by a consistent pattern of inattention and/or hyperactive and impulsive behavior that interferes with functioning or development.

Anxiety-Depression

A combined condition characterized by symptoms of both anxiety and depression, impacting an individual's mood and behaviors.

Affective-Disturbance

A psychological term referring to emotional instability or disorders.

ECT

Electroconvulsive Therapy, a psychiatric treatment where seizures are electrically induced in patients to provide relief from mental disorders.