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3 years ago

The ratio of earnings to sales for a given time period is a firm's profit margin.

Business

1 answer:

slega [8]3 years ago

7 0

Answer:

The answer is: True

Explanation:

The profit margin of a business can be calculated using the following formula:

gross profit margin = (gross profit / net sales ) x 100
net profit margin = (net income / net sales) x 100

The difference between them is that the gross profit margin only considers the difference between net sales and COGS, while the net profit margin includes other expenses.

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3 years ago

In its most recent financial statements, Del-Castillo Inc. reported $55 million of net income and $840 million of retained earni

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Answer:

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3 years ago

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Explanation:

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3 years ago

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Answer:

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Explanation:

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3 years ago

The ratio of earnings to sales for a given time period is a​ firm's profit margin.

The ratio of earnings to sales for a given time period is a firm's profit margin.