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Profit Margin Is Net Income Divided by Net Sales

question 20

True/False

Profit margin is net income divided by net sales.


Definitions:

Valuing Diversity

The appreciation and incorporation of different backgrounds, cultures, and perspectives in a group or organization to enhance creativity and problem-solving.

Stereotype Threat

Members of a social group feel they might be judged or treated according to a stereotype and that their behaviour and/or performance will confirm the stereotype.

Halo Effect

A cognitive bias where an impression created in one area influences opinion in another area.

Similar-To-Me Effect

A rater gives more favourable evaluations to people who are similar to the rater in terms of background or attitudes.

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