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A Component of Operating Efficiency and Profitability,calculated by Expressing Net

Question 115

Multiple Choice

A component of operating efficiency and profitability,calculated by expressing net income as a percent of net sales,is equal to the:


A) Acid-test ratio.
B) Merchandise turnover.
C) Price earnings ratio.
D) Accounts receivable turnover.
E) Profit margin ratio.

Correct Answer:

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