Question
King Mattresses sells both mattress sets and bed frames. Last quarter, total sales were $55,000 for mattress sets and $30,000 for bed frames. Return on
King Mattresses sells both mattress sets and bed frames. Last quarter, total sales were $55,000 for mattress sets and $30,000 for bed frames. Return on investment (ROI) was 15% for both divisions, while asset turnover (AT) was 3 for mattress sets and 3 for bed frames.
Compute King Mattresses total return on sales (ROS) for the quarter.
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The Everything Guide To Fundraising From Grassroots Campaigns To Corporate Sponsorships All You Need To Support Your Cause
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1st Edition
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