Multiple Choice
The net sales for James,Inc.were $4,000,000;net income before taxes was $810,000;and gross profit was $1,300,000.The return on sales ratio would be:
A) 12.75%.
B) 32.50%.
C) 45.25%.
D) 20.25%.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q15: Smith Company has the following account
Q16: When net income before taxes and interest
Q17: The ratios that measure a company's ability
Q18: For each of the following items,
Q20: Rick's Cars had a beginning account receivables
Q21: For each of the following items,
Q23: The lower the times interest earned ratio,the
Q24: Statements that are often used to compare
Q33: An acid test (quick) ratio of 0.75
Q88: The current ratio is:<br>A) quick assets divided