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    Corporate Finance Study Set 4
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    Exam 3: Financial Statements and Cash Flow
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    The Financial Ratio Measured as Net Income Divided by Sales
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The Financial Ratio Measured as Net Income Divided by Sales

Question 34

Question 34

Multiple Choice

The financial ratio measured as net income divided by sales is known as the firm's:


A) profit margin.
B) return on assets.
C) return on equity.
D) asset turnover.
E) earnings before interest and taxes.

Correct Answer:

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