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Data from the Financial Statements of Nancarrow Brothers Co

Question 7

Multiple Choice

Data from the financial statements of Nancarrow Brothers Co. and J. C. Murphy, Inc. are presented below (in millions) :
Data from the financial statements of Nancarrow Brothers Co. and J. C. Murphy, Inc. are presented below (in millions) : To the nearest hundredth of a percent, what is the return on sales ratio 2019 for J. C. Murphy, Inc.? A) 2.70% B) 2.39% C) 2.90% D) Not enough information is provided To the nearest hundredth of a percent, what is the return on sales ratio 2019 for J. C. Murphy, Inc.?


A) 2.70%
B) 2.39%
C) 2.90%
D) Not enough information is provided

Correct Answer:

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