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Using the data below, compute Dinos return on sales ratio for the month of January. Net Sales $23,000 Cost of goods sold 12,000 Operating expenses
Using the data below, compute Dinos return on sales ratio for the month of January.
Net Sales | $23,000 |
Cost of goods sold | 12,000 |
Operating expenses | 7,000 |
Other income | 4,500 |
Income tax expense | 5,200 |
Round answer to the nearest whole percentage.
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