Which of the following is expressed as a percentage of net sales?
A) Accounts receivable
B) Gross sales
C) Net profit margin
D) Operating expenses
E) Total assets

Question

Quizplus · Accepted Answer

Net profit margin is a percentage that represents a company's profit after all operating expenses, taxes, and interest have been deducted from gross sales.

Note: None of the other options are typically expressed as a percentage of net sales.

Which of the Following Is Expressed as a Percentage of Net