All of the Following Statements Regarding Profit Margin Are Except

question 94

Multiple Choice

All of the following statements regarding profit margin are except:

• A) Profit margin reflects the percent of profit in each dollar of revenue.
• B) Profit margin is also called return on sales.
• C) Profit margin can be used to compare a firm's performance to its competitors.
• D) Profit margin is calculated by dividing net income by net sales.
• E) Profit margin is not a useful measure of a company's operating results.

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Definitions:

Employee Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel towards their work and work environment.

Artificial Requirement

A stipulation for employment that appears essential for the job but actually serves no real purpose and may be used to exclude certain individuals or groups.

Discriminating

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Cost Per Recruit

The total expense incurred by an organization to hire one new employee, including advertising, recruiting, interviewing, and training costs.