The ratio calculated by dividing net income after taxes by net sales is the ________.

Group of answer choices

a) Return on sales ratio

b) Current ratio

c) Debt ratio

d) Earnings per share

Which of the following is an item found on a company's balance sheet?

Group of answer choices

a) Owners' Equity

b) Cost of Goods Sold

c) Net Income

d) Earnings Per Share

Walmart takes its net sales and subtracts the cost of goods sold during the previous period. The result is Walmart's _________.

Group of answer choices

a) Gross sales

b) Net income

c) Gross profit

d) Net margin