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The following information was drawn to the from the annual reports of two companies. Company A. Company B Sales revenue. 1,000. 2,000 Cost of goods
The following information was drawn to the from the annual reports of two companies.
Company A. Company B Sales revenue. 1,000. 2,000 Cost of goods Sold. -600. -1,100 Gross margin. 400. .900 Operating Expenses. -200. -700 Operating Income. 180. 200 Gain on the sale of equipment. 150. 0 Net income. 330. 200
Based on this information, Company B's return on sales is?
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