56) Regarding the profit margin ratio, which of the following statements is incorrect?
A) The higher the profit margin ratio, the more sales dollars end up as profit.
B) The profit margin ratio is computed by dividing net sales by net income.
C) The profit margin ratio shows how much net income a business earns on every $1.00 of sales.
D) The profit margin ratio focuses on the profitability of a company and is often reported in the business
press.
B) The profit margin ratio is computed by dividing net sales by net income.
The profit margin ratio is computed by dividing net income by net sales.
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A) Matching the approach to the situation B) Considering the unique needs of each group C) Minimizing the element of surprise D) Allowing enough time to plan and manage the response E) Being open and transparent
Security is not a major issue associated with wireless computing
Indicate whether the statement is true or false
Antidumping orders issued by the International Trade Commission usually concern a restriction on goods being "dumped" into the U.S. market for free
a. True b. False Indicate whether the statement is true or false
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a. two b. three c. four d. five