Match the term with its definition.
-A measure of how well a firm is controlling its cost of goods sold and operating expenses relative to sales, determined by dividing operating profits by sales
A)accrual-basis accounting
B)cash
C)cash-basis accounting
D)depreciable assets
E)depreciation expense
F)financial statements
G)inventory
H)liquidity
I)operating profit margin
J)return on assets
K)return on equity

Question

Quizplus · Accepted Answer

The definition provided matches "operating profit margin," which is defined as a measure of how well a firm is controlling its cost of goods sold and operating expenses relative to sales, determined by dividing operating profits by sales.

Match the Term with Its Definition