Puffy's Pastries generates five cents of net income for every $1 in sales.Thus,Puffy's has a _____ of 5%.
A)return on equity
B)return on assets
C)Du Pont measure
D)profit margin
E)total asset turnover

Question

Quizplus · Accepted Answer

The given information describes the profit margin, which is the ratio of net income to sales, expressed as a percentage. Therefore, the correct choice is option D, profit margin.

Puffy's Pastries Generates Five Cents of Net Income for Every