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    Fundamental Accounting Principles Study Set 1
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    Exam 17: Analysis of Financial Statements
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    Net Income Divided by Net Sales Is The
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Net Income Divided by Net Sales Is The

Question 57

Question 57

Multiple Choice

Net income divided by net sales is the:


A) Return on total assets.
B) Days' sales in inventory.
C) Total asset turnover.
D) Current ratio.
E) Profit margin.

Correct Answer:

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