The Net-Profit Ratio Is Defined as

question 24

Multiple Choice

The net-profit ratio is defined as

• A)net income divided by total equity.
• B)revenue divided by net income.
• C)net income divided by total assets.
• D)net income divided by revenue.
• E)revenue divided by total assets.

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Definitions:

Bottom 90 Percent

Refers to the vast majority of a population that is not within the top 10% in terms of wealth or income, often emphasizing disparities in wealth distribution.

Middle Class

Social class composed primarily of white collar workers with a broad range of education and incomes; they constitute about 30 percent of the U.S. population.

Blue-Collar Workers

Employees who perform manual labor, often in industries involving physical work such as manufacturing, construction, and maintenance.

Meritocracy

A societal system where advancement in society is based on an individual's capabilities and merit rather than on family, wealth, or social class.