MidTerm Exam 30 All of the following statements regarding pr

Mid-Term Exam 30 All of the following statements regarding profit margin are true except Multiple Choice points Profit margin reflects the percent of profit in each doillar of revenue. Print Profit margin is also called return on sales Profit margin can be used to compare a firm\'s performance to its competitors Profit margin is calculated by dividing net income by net sales Pev 30 of 4SNext > acBook Pro 8 3 4 5 6 ?

Solution

All the options are true except Option C because profit margin is used to understand the income and expenses and the resulting profit from it with respect to the company own sales