A Company's Net Income as a Percentage of Sales Is

question 1

True/False

A company's net income as a percentage of sales is 15%.Using vertical analysis,the cost of goods sold as a percentage of sales must be 85%.

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Definitions:

Facial-Recognition Scanner

A biometric technology capable of identifying or verifying a person's identity using their facial features.

Bus Networks

A type of network topology where all devices are connected to a single communication line or bus.

Passive Topology

In a network, a type of topology where the nodes do nothing to move data along the network.

Peer-To-Peer Networks

A decentralized network architecture where each participant (peer) has equal privileges and can both use and provide resources.