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Sales $300 COGS 200 Gross Profit 100 Operating Exp 40 EBIT 60 Interest Exp 15 EBT 45 Taxes 9 Net Income 36 Calculate Return on

Sales $300 COGS 200 Gross Profit 100 Operating Exp 40 EBIT 60 Interest Exp 15 EBT 45 Taxes 9 Net Income 36 Calculate Return on Sales: Select one: a. 15% b. 33.3% C. 129 O d. 109 e. 20%

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