Match each of the following terms with the appropriate formulas.
-$$\frac { \text { Net income } } { \text { Net sales } }$$
A)Debt ratio
B)Days' sales in inventory
C)Return on common stockholders' equity
D)Inventory turnover
E)Dividend yield
F)Days' sales uncollected
G)Profit margin ratio
H)Gross margin ratio
I)Times interest earned
J)Total asset turnover

Question

Quizplus · Accepted Answer

The formula $\frac { \text { Net income } } { \text { Net sales } }$ is used to calculate the Profit Margin Ratio, which measures how much out of every dollar of sales a company actually keeps in earnings.

Match Each of the Following Terms with the Appropriate Formulas Net income Net sales \frac { \text { Net income } } { \text { Net sales } } Net sales Net income ​

Match Each of the Following Terms with the Appropriate Formulas $\frac { \text { Net income } } { \text { Net sales } }$