Net Income Divided by Net Sales Is Called Which of the Following

question 12

Multiple Choice

Net income divided by net sales is called which of the following ratios?

• A) net operating profit after taxes margin
• B) net profit margin'
• C) operating profit margin
• D) gross profit margin

Comprehend the concept and calculation of total asset turnover and its importance for assessing a company's efficiency in using assets to generate sales.

Learn how to compute and analyze asset utilization ratios such as inventory and receivables turnover.

Understand the efficiency and ease of sharing information through digital marketing.

Recognize the various applications and impacts of digital media in business contexts.

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Definitions:

Accident

An unexpected and unintentional incident, often causing injury or damage.

Restrictive Covenant

A clause in a contract or deed that limits what the owner of the property can do with it, often to preserve the value of adjacent land.

Minor

A person who is below the age of majority, legally considered a child and, in many contexts, does not have the full legal rights of an adult.

Public Policy

The public good; some acts, although not illegal, will not be enforced by the courts because they are socially distasteful (against public policy).