The rate of return on net sales is used for which kind of evaluation?
A)Evaluating shares in a company from an investor's perspective
B)The overall profitability of a company
C)The ability of a company to pay its current liabilities
D)The ability of a company to pay its non-current liabilities

Question

Quizplus · Accepted Answer

The rate of return on net sales, also known as net profit margin, is used to evaluate the overall profitability of a company. It measures the percentage of net income generated from each dollar of sales.

The Rate of Return on Net Sales Is Used for Which