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In words, what does a firm's net profit margin of 0.75 or 75% mean? A) For every $1 of EBIT generated by the firm, it
In words, what does a firm's net profit margin of 0.75 or 75% mean? A) For every $1 of EBIT generated by the firm, it results into $0.75 of net income. B) For every $1 of earnings per share, it results into $0.75 of net income. C) For each $1 of net income generated by the firm, it results into sales of $0.75. D) For each $1 of sales generated by the firm, it results into net income of $0.75. E) None of the above
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