Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company's operating income as a percentage of sales is equal to the _ _ _ _ _ _ _ _ minus other expenses as

A company's operating income as a percentage of sales is equal to the ________ minus other expenses as a percentage of sales. (Hint: The correct answer is a ratio. "Other expenses" include G&A and other operating expenses.)
gross profit
marketing ROI
sales-to-assets ratio
marketing ROS
net marketing contribution

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Jr. Belverd E. Needles, Marian Powers

9th Edition

0547070020, 978-0547070025

More Books

Students also viewed these Accounting questions