A company reported net income of ($ 200) on net sales of ($ 2,000). The company's return
Question:
A company reported net income of \(\$ 200\) on net sales of \(\$ 2,000\). The company's return on sales is:
a. \(\$ 1,800\).
b. 10 percent.
c. 0.1 percent.
d. None of the above.
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The return on sales ROS is calculated by dividing the net income by net ...View the full answer
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