Which of the following is the formula to compute the net profit margin percentage? a. Net Income/Net
Question:
Which of the following is the formula to compute the net profit margin percentage?
a. Net Income/Net Sales
b. Operating Income/Net Sales
c. Net Income/Average Equity
d. Net Income þ [Interest Expense 3 (1 Tax Rate)]/Average Total Assets
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Related Book For 
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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