The Profit Margin Equals

question 98

Multiple Choice

The profit margin equals

• A)net sales divided by net income.
• B)gross margin divided by net income.
• C)net income divided by gross margin.
• D)net income divided by revenues.

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Definitions:

Psychometric Theories

Theories related to the psychological measurement of skills, knowledge, abilities, attitudes, personality traits, and educational achievement.

Cognitive Bias

A systematic pattern of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.

Concept Hierarchy

A system of organizing concepts from the most general to the most specific, facilitating understanding and learning by structuring knowledge in a hierarchical manner.

Ultimatum Game

A game in economic experiments where two players decide on how to divide a sum of money; refusal by one player results in neither player receiving anything.