Which of the Following Statements Is Not True Regarding Net

Multiple Choice

Which of the following statements is not true regarding net profit margin?

A) If a company's net profit margin increases from 15% to 20% this would be considered an improvement in profitability.
B) A company with a net profit margin of 10% may be evaluated differently depending upon which industry it is in.
C) A company with a net profit margin of 10% is using 90% of each dollar of revenue to cover costs and expenses.
D) Net profit margin indicates how much revenue is earned for every dollar of net income.