Asked by Rachael Petersen on Jun 26, 2024
Verified
Profit margin = ________ divided by net sales.
Profit Margin
A financial metric depicting the percentage of revenue that exceeds the costs of goods sold, showing the profitability of a business.
Net Sales
Company sales revenue post deduction of returns, allowances for imperfections or absences, and discounts.
- Evaluate principal financial indices and interpret their significance.
Verified Answer
ZK
Learning Objectives
- Evaluate principal financial indices and interpret their significance.