Question
G. C. Murpheys 2016 financial statements show net income of $5,040 million, sales of $306,932 million, and average total assets of $86,700 million. How much
G. C. Murpheys 2016 financial statements show net income of $5,040 million, sales of $306,932 million, and average total assets of $86,700 million. How much is G. C. Murpheys return on sales for the year?
| A. | 5.81% | |
| B. | 10.20% | |
| C. | 1.64% | |
| D. | 4.71% |
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
5th Edition
1264467206, 978-1264467204
