The Net Profit Margin Ratio Is Calculated by Dividing Net

question 50

True/False

The net profit margin ratio is calculated by dividing net sales by net income.

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Definitions:

Metaphor

A figure of speech where a word or phrase is applied to an object or action to which it is not literally applicable, implying a resemblance.

Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage.

Sharp

Often used to describe something with a fine edge or point capable of cutting or piercing, or an acute, piercing quality of thought or perception.

Metaphor

A figure of speech in which a term or phrase is applied to something to which it is not literally applicable in order to suggest a resemblance.