Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

(Operating profit sales) 100% is called: return on sales net income to sales ratio return on assets gross margin (Operating profit + sales) x 100%

image text in transcribed

(Operating profit sales) 100% is called: return on sales net income to sales ratio return on assets gross margin

(Operating profit + sales) x 100% is called: return on sales O O net income to sales ratio return on assets O gross margin

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions