Match the terms with the definitions.
-The ratio of net income to net sales.
A)profitability measures
B)operating income ratio
C)cost of goods sold ratio
D)ratio of liabilities to stockholders' equity
E)return on total assets
F)ratio of net sales to assets
G)horizontal analysis
H)leverage
I)net income ratio
J)liquidity
K)liquidity measures
L)merchandise inventory turnover

Question

Quizplus · Accepted Answer

The ratio of net income to net sales is known as the net income ratio, which measures how much of each dollar of sales is converted into profit.

Match the Terms with the Definitions