To achieve profit is not the ultimate goal but profit is the bottom-line measure of a firm’s success and ability to survive.
举一反三
- All of the following statements regarding profit margin is true except A: Profit margin reflects the percent of profit in each dollar of revenue. B: Profit margin is also called return on sales. C: Profit margin can be used to compare a firm's performance to its competitors. D: Profit margin is calculated by dividing net income by net sales. E: Profit margin is not a useful measure of a company’s operating results.
- Bottom line is an informal term for ______. A: top line B: net income C: total revenue D: gross profit
- "People, ____________ and profit", also known as the triple bottom line, form one way to evaluate CSR.
- Refer to Figure 10.3. In the long run this monopoly firm's profit will:
- Earnings are used to analyse profit and are part of calculating a firm’s (share) value. ( )