help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working Question 33Net income percentage is equal to:A. Net Sales divided by Net IncomeB. Net Income divided by Net Sales③ C. Total Equity divided by Net SalesD. Net Income divided by Gross Margin

Net income percentage, also known as net profit margin, is calculated by dividing net income by net…

Answered: Question 33 Net income percentage is…

Question 33 Net income percentage is equal to: A. Net Sales divided by Net Income B. Net Income divided by Net Sales ③ C. Total Equity divided by Net Sales D. Net Income divided by Gross Margin

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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