Profit Margin Is Calculated by Dividing Revenues by Net Income

question 72

True/False

Profit margin is calculated by dividing revenues by net income.

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Definitions:

Physical Disabilities

Conditions that limit an individual's physical functioning, mobility, dexterity, or stamina, often requiring adaptation of living or working environments.

Pardoned Conviction

A legal decision where a convict is officially forgiven for their crime and relieved from the consequences of their legal conviction.

Criminal Conviction

A formal declaration that someone is guilty of a criminal offense, typically following a trial or plead of guilt.

Source of Income

The origin or means through which an individual, company, or government receives money, typically through work, investments, or sales.