A component of operating efficiency and profitability,calculated by expressing net income as a percentage of net sales,is the:
A) Acid-test ratio.
B) Merchandise turnover.
C) Price-earnings ratio.
D) Accounts receivable turnover.
E) Profit margin.
Correct Answer:
Verified
Q142: Accounts payable turnover:
A) Describes how much time
Q146: Profit margin is:
A) Revenues divided by sales.
B)
Q151: Common-size financial statements are useful in:
A) Analyzing
Q157: Common-size statements
A)Reveal changes in the relative importance
Q170: The average number of times a company's
Q174: Current assets minus current liabilities is called
A)Profit
Q180: Comparative financial statements in which each amount
Q183: The debt ratio is used to
A)Measure the
Q226: Current assets divided by current liabilities is
Q227: Which of the following statements is false
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents