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Financial Ratios Use the guidance and financial statements below to perform the calculations. Assume no dividends have been distributed, and retained earnings is the cumulative
Financial Ratios Use the guidance and financial statements below to perform the calculations. Assume no dividends have been distributed, and retained earnings is the cumulative profit for the business. Return on Sales (ROS): The ratio of profitability to sales is an indication of how costs are affecting profitability. SalesProfit100= Answer %
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