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

question 67

True/False

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

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Definitions:

Deductibles

The amount paid out of pocket by the policyholder before an insurance provider will pay any expenses under an insurance policy.

Aging Information

Data or knowledge related to the processes and factors associated with aging, including health implications, societal impact, and strategies for healthy aging.

Collection Opportunity

A chance or situation favorable for gathering data, resources, or payments that are due.

Collection Letter

A letter sent to request payment of an overdue debt from a debtor.