Question
Given the information below for the x Company, calculate x return on sales for 2019, and express your answer as a percentage. Total assets Total
Given the information below for the x Company, calculate x return on sales for 2019, and express your answer as a percentage.
Total assets
Total liabilities
Total stockholders' equity
Net sales
Cost of goods sold
Net income
2019
$240,000
60,000
180,000
300,000
200,000
24,000
2018
$200,000
60,000
140,000
270,000
170,000
22,000
Return on Sales = ______________ %
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Measuring Business Interruption Losses And Other Commercial Damages An Economic Approach
Authors: Patrick A. Gaughan
3rd Edition
1119647916, 9781119647911
