Asked by Mariah Trevino on Jun 19, 2024
Verified
The formula for the net profit margin percentage is: Net profit margin percentage = Net income ÷ Sales.
Net Profit Margin Percentage
A financial metric that shows the percentage of revenue remaining after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from total sales.
- Comprehend the computation and significance of profit margin ratios.
Verified Answer
SS
Sascha StutzJun 24, 2024
Final Answer :
True
Explanation :
This is the correct formula for calculating the net profit margin percentage.
Learning Objectives
- Comprehend the computation and significance of profit margin ratios.
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