Net income divided by sales yields the _______.
A)return on total assets
B)current ratio
C)liquidity ratio
D)profit margin on sales
E)corporate evaluation

Name: Net income divided by sales yields the _______. A)return on total assets B)current ratio C)liquidity ratio D)profit margin on sales E)corporate evaluation
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Question

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Net income divided by sales yields the profit margin on sales, which measures the percentage of each dollar of sales that results in net income.

Net Income Divided by Sales Yields the _______