Net profit margin percentage is calculated by: a.subtracting operating income from (net) sales. b.subtracting net income from (net) sales. c.dividing net income by (net) sales. d.dividing operating income by (net) sales.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 32MCQ
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Net profit margin percentage is calculated by:

a.subtracting operating income from (net) sales.
b.subtracting net income from (net) sales.
c.dividing net income by (net) sales.
d.dividing operating income by (net) sales.
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