Proitt margin is calculated by dividing
A) sales by cost of goods sold.
B) gross profit by net sales.
C) net earnings by shareholders' equity.
D) net earnings by net sales.

Name: Proitt margin is calculated by dividing A) sales by cost of goods sold. B) gross profit by net sales. C) net earnings by shareholders' equity. D) net earnings by net sales.
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Question

Quizplus · Accepted Answer

Profit margin is calculated by dividing net earnings (or net income) by net sales. This ratio shows what percentage of sales has translated into profits.

Proitt Margin Is Calculated by Dividing