Which of the Following Statements MOST Accurately Describes the Profit

question 122

Multiple Choice

Which of the following statements MOST accurately describes the profit margin?

• A) How efficiently a division uses its average assets to generate sales
• B) How much operating income the division earns on every dollar of sales
• C) How much return a division generates on average assets
• D) How much extra income does a division generate above the minimum acceptable level

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Definitions:

Setup

Software that tells a computer about itself and the hardware it supports, such as the amount of RAM memory, type of hard drive installed, current date and time, and so on.

Control Panel

A Windows utility that allows computer configuration such as adding or removing software, adding or removing hardware, configuring a screen saver, adjusting a monitor, configuring a mouse, installing networking components, and so on.

Additional Connector

An extra plug or port provided on a device allowing the connection of more peripherals or accessories.