- Profit margin is calculated by dividing
- sales by cost of goods sold.
- gross profit by net sales.
- net income by stockholders' equity.
- net income by net sales.
Answer
net income by net sales.
Answer
net income by net sales.
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Profit margin is calculated by dividing (Points: 4) sales by cost of goods sold. gross profit by net sales. net income by stockholders' equity. net income by net sales.
Answer
net income by net sales.
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