Which Ratio Uses Net Income and Net Sales from the Income

question 17

Multiple Choice

Which ratio uses net income and net sales from the income statement to give the percentage of each dollar of sales remaining after all costs of normal operations are accounted for? ​

• A)Return on investment
• B)Inventory turnover
• C)Current ratio
• D)Profit margin
• E)Income statement

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Definitions:

Packaging Materials

Materials used to wrap or protect goods for distribution, storage, sale, and use.

Product Life Cycle

The stages through which a product goes from its introduction to the market, growth in sales, maturity, and eventual decline.

Marketing Strategies

Plans of action designed to promote and sell products or services, involving market analysis and focusing on the optimal product mix to achieve maximum profit potential.

Environmental Concerns

Issues related to the protection of the environment, including pollution, natural resource depletion, and climate change impacts.