Profit margin equals
A)income divided by sales.
B)incomes divided by average inventory.
C)income divided by average assets.
D)income divided by average stockholder's equity.

Name: Profit margin equals A)income divided by sales. B)incomes divided by average inventory. C)income divided by average assets. D)income divided by average stockholder's equity.
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Question

Quizplus · Accepted Answer

Profit margin is calculated by dividing net income by sales revenue, indicating how much profit a company makes for each dollar of sales.

Profit Margin Equals