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  3. Study Set
    Managerial Accounting for Undergraduates
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    Exam 14: Analysis and Interpretation of Financial Statements
  5. Question
    Dils Brothers' 2019 Financial Statements Show Net Income of $5,040
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Dils Brothers' 2019 Financial Statements Show Net Income of $5,040

Question 28

Question 28

Multiple Choice

Dils Brothers' 2019 financial statements show net income of $5,040 million, sales of $306,932 million, and average total assets of $86,700 million.
How much is Dils Brothers' return on sales for the year?


A) 4.71%
B) 1.64%
C) 10.20%
D) 5.81%

Correct Answer:

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