Question: A component of operating efficiency and profitability, calculated by expressing net profit as a percent of net sales, is the: Question 3 Select one: a

A component of operating efficiency and profitability, calculated by expressing net profit as a percent of net sales, is the:
Question 3Select one:
a.
Acid-test ratio.
b.
Sales turnover.
c.
Profit margin ratio.
d.
Price earnings ratio.

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