accounting unit 4

Question 1

template of owners equity section of balance sheet

Answer 1

Assets - Liabilities = Owner’s Equity

Question 1

net profit margin

Answer 1

Profit margin is a financial ratio that measures the percentage of profit earned by a company in relation to its revenue.

Question 2

strategics to improve net profit margin

Answer 2

reducing costs, increasing turnover, increasing productivity, and increasing efficiency.