Net Income Divided by Net Sales Is Equal to The

question 1

Multiple Choice

Net income divided by net sales is equal to the:

• A)Return on total assets.
• B)Profit margin.
• C)Current ratio.
• D)Total asset turnover.
• E)Days' sales in inventory.

Demonstrate an understanding of the physical and mental preparation required for effective listening.

Recognize the importance of summarizing and paraphrasing in achieving effective communication.

Identify the structure and function of accessory glands in the male reproductive system.

Understand the anatomy of the penis and its components.

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Definitions:

Cash Basis

An accounting method in which revenues and expenses are recorded only when cash is received or paid out.

Zero NPV

A situation where the net present value of a project or investment equals zero, indicating that the expected cash flows exactly discount the initial investment, resulting in no net gain or loss.

Net Present Value

A method used in capital budgeting to assess the profitability of an investment, calculating the difference between the present value of cash inflows and outflows over a period.

Cash Basis

An accounting method where revenue and expenses are recorded only when cash is received or paid, respectively.