Profit margin is equal to ________

A) net income divided by total assets
B) net income divided by total owners' equity
C) net income divided by sales
D) None of these


Answer: C

Business

You might also like to view...

In relational database, a record or row is called a _____.

A. tuple B. attribute C. table D. relation

Business

Which of the following statements is true of the Sarbanes-Oxley Act of 2002?

A. Section 106 of the act deals expressly with national accounting firms. B. The act reduces criminal penalties for securities fraud. C. It requires foreign accounting firms to register with the Public Company Accounting Oversight Board if they audit public companies. D. Its registration and reporting provisions apply only to U.S. companies listed on U.S. securities exchanges.

Business

In an agency by ratification, the agent is relieved of any liability for misrepresentation.

Answer the following statement true (T) or false (F)

Business

In what ways can packaging be used strategically?

What will be an ideal response?

Business