A company has net income of $130,500. Its net sales were $1,740,000 and its average total assets were $2,750,000. Its profit margin equals 7.5%.
Answer the following statement true (T) or false (F)
True
Profit margin = $130,500/$1,740,000 = 7.5%
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Relationships have to necessarily move from solo exchange to functional relationship to relational partnership to strategic partnership.
Answer the following statement true (T) or false (F)
The rate of interest that bonds pay based on face value is the ____________________ rate
Fill in the blank(s) with correct word
According to the textbook, ethics ______.
A. doesn’t always give a clear answer to a moral question B. correlates 100% with business profits C. is never a matter of perception D. is the third most important aspect of leadership
The goal of value chain analysis is to identify processes in which the firm can add value for the customer and create a competitive advantage for itself, with a ________ or ________.
A. Focused strategy, product differentiation B. Cost advantage, primary value activities C. Cost advantage, product differentiation D. Focused strategy, cost advantage