Profit Margin Is Calculated by Dividing Net Sales by Net

question 109

True/False

Profit margin is calculated by dividing net sales by net income.

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Definitions:

Quadrate Lobes

Generally refers to a lobe of the liver, but "quadrate lobes" as plural is not a standard anatomical term, thus could be considered incorrect without further context.

Simple Columnar Epithelium

A single layer of tall, closely packed cells, lining organs such as the intestines and involved in absorption and secretion.

Microvilli

Microvilli are microscopic cellular membrane protrusions that increase the surface area for absorption or secretion, common in cells of the intestines and kidneys.

Hepatic Triad

A component of the liver's microscopic anatomy, consisting of a bile duct, hepatic artery, and hepatic portal vein, crucial for liver function and health.