The following data are from the financial statements of Pluto Wines, Inc. Compute Pluto's return on sales

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The following data are from the financial statements of Pluto Wines, Inc. Compute Pluto's return on sales ratio for 2019.

Total revenues for $2019: \$ 3,500,000$

Total expenses for $2019: \$ 2,800,000$

a. $125 \%$

b. $80 \%$

c. $25 \%$

d. $20 \%$

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Financial Accounting For Undergraduates

ISBN: 9781618533081

4th Edition

Authors: Wallace

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Question Posted: May 16, 2024 05:02 AM

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The following data are from the financial statements of Pluto Wines, Inc. Compute Pluto's return on sales

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Financial Accounting For Undergraduates

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