The Profit Margin Equals

question 166

Multiple Choice

The profit margin equals

• A) net sales divided by net income.
• B) gross margin divided by net income.
• C) net income divided by gross margin.
• D) net income divided by net sales.

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Definitions:

Assimilation

The cognitive process of fitting new information into existing cognitive schemas, perceptions, and understanding.

Accommodation

In cognitive psychology, the process of altering one's existing schemas, or ways of thinking, as a result of new information or experiences.

Equilibration

The process by which individuals balance assimilation and accommodation to create stable understanding in cognitive development.

Symbolic Image

A representation that stands in for something else, conveying meaning through association or resemblance, often used in communication and thought processes.