A Component of Operating Efficiency and Profitability,calculated by Expressing Net

question 329

Multiple Choice

A component of operating efficiency and profitability,calculated by expressing net income as a percentage of net sales,is the:

• A) Acid-test ratio.
• B) Merchandise turnover.
• C) Price-earnings ratio.
• D) Accounts receivable turnover.
• E) Profit margin.

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Definitions:

Torticollis

A condition also known as "wry neck," characterized by a twisted or tilted neck due to shortened or spasmodic neck muscles.

SIDS

Sudden Infant Death Syndrome, an unexplained death, usually during sleep, of a seemingly healthy baby less than a year old.

Duchenne's

A genetic disorder characterized by progressive muscle degeneration and weakness due to the alterations of a protein called dystrophin that helps keep muscle cells intact.

Pathology Present

Indicates the existence of a disease or abnormal condition in a given specimen or patient.