Difference between revisions of "Profit margin on sales"
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Latest revision as of 21:11, 28 October 2019
Profit margin on sales is a margin that is calculated by dividing net income by sales; gives the profit per dollar of sales.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Profit margin on sales. Calculated by dividing net income by sales; gives the profit per dollar of sales.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
