Which of the Following Is Calculated by Dividing Net Income

question 123

Multiple Choice

Which of the following is calculated by dividing net income by revenues?

• A)Gross profit margin
• B)Current ratio
• C)Net profit margin
• D)Asset turnover

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Definitions:

Negligence

A failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances, leading to unintended harm to others.

Municipal Dump

A designated area operated by a local government where waste and trash are disposed of and sometimes processed or recycled.

Old Bicycle

This term simply describes a bicycle that is not new, possibly indicating it is used, vintage, or not in its prime condition.

Stolen

Refers to property that has been taken without permission or authorization, implicating an act of theft.