Which of the Following Statements About the Profit Margin Is

question 7

Multiple Choice

Which of the following statements about the profit margin is NOT true?

• A) The profit margin indicates the percentage of sales revenue that ends up as profit.
• B) The profit margin gives some indication of pricing strategy.
• C) A supermarket would be expected to have a high profit margin.
• D) If the sales price decreases and expenses stay consistent,the profit margin will decrease.

---

Definitions:

Lead Surgeon

The primary surgeon responsible for performing a surgical operation and making critical decisions about the procedure.

Traditional College Student

Typically refers to a student who pursues higher education immediately after completing high school and is often in the 18-22 age range.

Divorce Rates

The statistical measure of divorces that occur among a population within a given time frame, often expressed per 1,000 people or as a percentage.

Western Industrialized Countries

Nations that are economically developed and have advanced technological infrastructure, primarily located in the Western hemisphere.