A Component of Operating Efficiency and Profitability, Calculated by Expressing

question 147

Multiple Choice

A component of operating efficiency and profitability, calculated by expressing net income as a percent of net sales, is the:

• A) Acid-test ratio.
• B) Merchandise turnover.
• C) Price earnings ratio.
• D) Accounts receivable turnover.
• E) Profit margin ratio.

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Definitions:

Solid Biomass

Organic, non-fossil material of biological origin, such as wood, crops, and algae, used as a fuel.

Carbon Dioxide Emissions

The release of CO2 into the atmosphere, primarily from burning fossil fuels for energy, which is a major driver of climate change.

Nondepletable

Resources or energy sources that cannot be exhausted, typically renewable energies like solar, wind, and hydroelectric power.

Geothermal Energy

Heat energy generated and stored within the Earth, harnessed by humans for heating and generating electricity with minimal environmental impact.