Net Income Divided by Net Sales Is The

question 57

Multiple Choice

Net income divided by net sales is the:

• A) Return on total assets.
• B) Days' sales in inventory.
• C) Total asset turnover.
• D) Current ratio.
• E) Profit margin.

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Definitions:

Flexible Sick-time

Policies that allow employees discretion in how they use their allotted time off for health-related issues.

Portable Benefits

Employee benefits that can be retained and transferred between different jobs or employment statuses.

Mobile Work Force

Employees who are equipped to work from various locations outside of a traditional office setting, facilitated by technology.

Recent Years

A term referring to the very latest past period, often without specifying the exact duration.