Profit margin is calculated by dividing:Question 2Answera.sales by cost of sales.b.profit by total assetsc.profit by equityd.profit by net sales
Question
Solution 1
The profit margin is calculated by dividing profit by net sales. So, the correct answer is option d. "profit by net sales". Here are the steps:
- Calculate your net profit. This is your total revenue (or sales) minus your total expenses.
- Calculate your net sales. This is your total sales minus Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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Similar Questions
Profit margin is calculated by dividing:Question 2Answera.sales by cost of sales.b.profit by total assetsc.profit by equityd.profit by net sales
Profit margin is calculated by dividing:Question 2Answera.profit by equityb.sales by cost of sales.c.profit by total assetsd.profit by net sales.
Sales Rs. 50,000; Variable cost Rs. 30,000; Net profit Rs. 6,000; fixed cost is .a.Rs. 12,000.b.Rs. 10,000.c.b. Rs. l4,000 .d.Rs. 8,000.
Sales Rs. 50,000; Variable cost Rs. 30,000; Net profit Rs. 6,000; fixed cost is .a.b. Rs. l4,000 .b.Rs. 10,000.c.Rs. 12,000.d.Rs. 8,000.
A profit calculated by adding a percentage to the costs of production is called: A. Mark-up B. Breakeven. C. Margin. D. Mark-down