The calculation net income/sales is the formula for which of the following ratios
A) Return on assets
B) Profit margin
C) Asset turnover
D) Asset usage

Name: The calculation net income/sales is the formula for which of the following ratios A) Return on assets B) Profit margin C) Asset turnover D) Asset usage
Brand: Quizplus
Rating: 4.7 (35 reviews)

Question

Quizplus · Accepted Answer

The calculation of net income/sales is the formula for the profit margin ratio, which measures the company's profitability as a percentage of sales.

The Calculation Net Income/sales Is the Formula for Which of the Following