Which of the ratios listed helps to indicate the average profit on each dollar of sales?
A) current ratio
B) profit margin
C) quick ratio
D) return on assets.

Name: Which of the ratios listed helps to indicate the average profit on each dollar of sales? A) current ratio B) profit margin C) quick ratio D) return on assets.
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Question

Quizplus · Accepted Answer

The profit margin is a measure of how much profit a company generates on each dollar of sales. It is calculated by dividing net income by total revenue.

Which of the Ratios Listed Helps to Indicate the Average