Question: Multiple Select Question Select all that apply Which of the following statements correctly define(s) a profit margin? (Check all that apply.) Profit margin is
Multiple Select Question Select all that apply Which of the following statements correctly define(s) a profit margin? (Check all that apply.) Profit margin is the ratio of a business's net income to its net sales. Profit margin is the ratio of a business's net income to its accounts receivables. Profit margin is a useful measure of a business's operating results. Profit margin is also called return on sales. Profit margin is the amount of revenue received on a sale.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
