The operating profit margin is calculated as the firm's net income divided by net sales.
Correct Answer:
Verified
Q39: The current ratio is computed by dividing
Q40: A larger average payment period is considered
Q41: Profitability ratios indicate the extent to which
Q42: The average collection period is calculated as
Q43: The inventory turnover ratio is computed by
Q45: The total asset turnover is computed as
Q46: The fixed charge coverage ratio indicates the
Q47: The average collection period is measured in
Q48: The fixed asset turnover is computed as
Q49: The operating profit margin is calculated as
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