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Knowledge Check 3

Knowledge Check 3

Q • Question 1 0 out of 0.4 points Net Profit Margin is calculated as • Question 2 0.4 out of 0.4 points Expenses are recorded when… • Question 3 0.4 out of 0.4 points Which cost does not represent cost of sales? • Question 4 0.4 out of 0.4 points Which line item is not an expense? • Question 5 0.4 out of 0.4 points Sales of services are called

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1.Difference between sales and all costs/expenses divided by sales 2.D. When the supplier acts on the promise to deliver 3. D. Office Supplies 4. C. Property, Plant, and Equipment 5. C. Revenues