The calculation net income/sales is the formula for which of the following ratios
A)Return on assets
B)Profit margin
C)Asset turnover
D)Asset usage

Question

Quizplus · Accepted Answer

The calculation of net income/sales is the formula for profit margin, also known as net profit margin. This ratio measures the proportion of sales that are turned into profits after all expenses have been deducted.

The Calculation Net Income/sales Is the Formula for Which of the Following