menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Tools Study Set 2
  4. Exam
    Exam 5: Merchandising Operations and the Multiple-Step Income Statement
  5. Question
    Profit Margin Is Calculated by Dividing Profit by
Solved

Profit Margin Is Calculated by Dividing Profit by

Question 82

Question 82

Multiple Choice

Profit margin is calculated by dividing profit by


A) sales.
B) sales revenues.
C) net sales.
D) gross sales.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: The normal balance of Sales Returns and

Q77: Gross profit is a measure of the

Q78: Which statement is not correct about expenses

Q79: Company A sells $500 of merchandise on

Q80: Sales revenues are recorded by the seller

Q83: A merchandiser will have profit from operations

Q84: After gross profit is calculated, operating expenses

Q85: Profit from operations for a merchandising company

Q86: Under a perpetual inventory system, freight costs

Q87: Profit from operations appears on both the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines