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    Business
  3. Study Set
    Financial Accounting Theory
  4. Exam
    Exam 7: Financial Statements Ii: the Balance Sheet and the Statement of Cash Flows
  5. Question
    The Calculation Net Income/sales Is the Formula for Which of the Following
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The Calculation Net Income/sales Is the Formula for Which of the Following

Question 22

Question 22

Multiple Choice

The calculation net income/sales is the formula for which of the following ratios


A) Return on assets
B) Profit margin
C) Asset turnover
D) Asset usage

Correct Answer:

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