Net profit before interest and taxation, divided by sales × 100/1 is the formula for:
A) return on shareholders' funds.
B) asset turnover period.
C) net profit margin.
D) return on total assets.

Name: Net profit before interest and taxation, divided by sales × 100/1 is the formula for: A) return on shareholders' funds. B) asset turnover period. C) net profit margin. D) return on total assets.
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Question

Quizplus · Accepted Answer

The formula given is for calculating net profit margin, which is a measure of a company's profitability.

Net Profit Before Interest and Taxation, Divided by Sales ×