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Herbst Company presented the following data at the end of 2019: Net sales revenue $962,500 Cost of goods sold 375,000 Operating expenses 90,000 Income tax
Herbst Company presented the following data at the end of 2019:
Net sales revenue | $962,500 |
Cost of goods sold | 375,000 |
Operating expenses | 90,000 |
Income tax rate | 25% |
Determine the company's return on sales (rounded)
Select one:
A. 33%
B. 39%
C. 30%
D. 37%
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