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Given the following information for Aspirations, the lifestyle brand, determine return on sales: Revenue = $25000, gross margin percentage = 60%, operating expenses = $10000,
Given the following information for Aspirations, the lifestyle brand, determine return on sales: Revenue = $25000, gross margin percentage = 60%, operating expenses = $10000, interest expense =$250, income tax rate = 30%.
30%
20%
17%
13%
none of these
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