Which of the Following Is Expressed as a Percentage of Net

question 43

Multiple Choice

Which of the following is expressed as a percentage of net sales?

• A)accounts receivable
• B)net profit margin
• C)gross sales
• D)operating expenses
• E)total assets

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Definitions:

Lower Cost

Refers to a reduction in the expenses incurred in the production of goods or services, improving profitability and competitive advantage.

Trade Barriers

Measures implemented by countries to restrict international trade, including tariffs, quotas, and non-tariff barriers.

Basic Types

Fundamental categories or classes into which things can be grouped based on common characteristics.

World Economy

The global network of economic activities and transactions, encompassing all of the world's national economies and facilitating international trade and investment.