The Ratio of Earnings to Sales for a Given Time

question 13

Multiple Choice

The ratio of earnings to sales for a given time period is the:

• A)cost of goods sold.
• B)merchandise inventory.
• C)profit margin.
• D)return on assets.

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Definitions:

Competitive Advantages

Attributes or circumstances that allow a company or country to produce goods or services at a lower price or in a more desirable manner than competitors.

Previously Introduced

Refers to items or concepts that have been mentioned or brought to attention earlier in a discussion or document.

Numerous Defects

A condition where a product or system has many faults or flaws, affecting its quality or performance.

Legal/Regulatory

Legal/regulatory refers to the framework of laws, regulations, and guidelines that govern individuals, businesses, and organizations, ensuring compliance and the protection of rights and interests.