T-Mobile Was Not Required to Pay Anything to Settle the FTC

question 3

True/False

T-Mobile was not required to pay anything to settle the FTC complaints against it; it just promised to change its ads.

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Definitions:

Profit Margin

A measure of a company's profitability, calculated by dividing net income by total revenues. It shows how much profit each dollar of sales generates.

Net Income

The total profit or earnings of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Operating Expenses

Costs associated with the day-to-day operations of a business, such as wages, rent, and utilities, excluding capital expenditures and cost of goods sold.