A Firm's Profit Margin, or Return on Sales, Is Computed

question 9

Multiple Choice

A firm's profit margin, or return on sales, is computed by dividing ________.

• A) net income by net sales
• B) gross profit by net sales
• C) net income by gross profit
• D) net income by cost of sales
• E) operating income by gross profit

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Definitions:

Demand Characteristics

Subtle cues or signals in an experimental environment that influence the participants' behavior or responses.

Debriefing

A process of explaining the purposes and methods of a completed procedure or experiment to its participants.

Informed Consent

The process through which individuals are fully informed about the procedures and risks involved in a study or treatment, allowing them to voluntarily decide whether to participate.

Deception

The act of misleading or deceiving someone by presenting false information or concealing the truth.