Which one of the following formula will be used to calculate-00210
Which one of the following formula will be used to calculate profit margin ratio?
This multiple choice question (MCQ) is related to the book/course vu acc501 Business Finance. It can also be found in vu acc501 Final Term - Quiz No.4.
Which one of the following formula will be used to calculate profit margin ratio?
Profit Margin Ratio = Sales / Net income
Profit Margin Ratio = Net income / Sales
Profit Margin Ratio = Net income / CGS
Profit Margin Ratio = Net income / Operating profit