(Net profit/net sales)equals _____.
A)asset turnover
B)profit margin
C)cost of goods sold
D)financial leverage

Name: (Net profit/net sales)equals _____. A)asset turnover B)profit margin C)cost of goods sold D)financial leverage
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Question

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Net profit divided by net sales gives us the profit margin. It is a measure of how much profit a company earns from each dollar of sales. The higher the profit margin, the better it is for the company.

(Net Profit/net Sales)equals _____