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Fruhling Company presented the following data at the end of 2017: Net sales revenue $550,000 Cost of goods sold 250,000 Operating expenses 60,000 Income tax
Fruhling Company presented the following data at the end of 2017: Net sales revenue $550,000 Cost of goods sold 250,000 Operating expenses 60,000 Income tax rate 25% Determine the companys return on sales (rounded)
Select one: a. 28% b. 31% c. 25% d. 33%
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