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A company has net income of $5,000, net sales of $20,000, and total assets of $50,000. What is the companys return on sales ratio? Select

A company has net income of $5,000, net sales of $20,000, and total assets of

$50,000. What is the companys return on sales ratio?

Select one:

25 percent

There is insufficient information to calculate the ratio.

10 percent

40 percent

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