A Component of Operating Efficiency and Profitability, Calculated by Expressing

question 147

Multiple Choice

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

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

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Definitions:

Global Supply Chains

Supply chain operations that involve production and delivery activities spread over different countries, offering advantages like cost reduction and access to new markets but also presenting complex challenges.

Transit Times

The duration it takes for goods to be transported from one point to another, often considered in the selection of shipping methods.

Disruptions

Events or activities that cause a disturbance or interruption in normal operations or supply chain activities.