How Is the Net Income Percentage Calculated

question 32

Multiple Choice

How is the net income percentage calculated?

• A)Net Sales divided by net Income
• B)Net Income divided by net Sales
• C)Total stockholders' equity divided by net sales
• D)Net Income divided by Gross Margin

---

Definitions:

Voluntary

Undertaken by choice or without coercion; an act done willingly.

Norms

Shared standards or rules that govern behaviors within a group or society, indicating what is considered appropriate or acceptable.

Morals

Principles or beliefs concerning what is right and wrong behavior, guiding individual conduct and decision-making.

Ethics

Moral principles that govern a person's behavior or the conducting of an activity.