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    Cornerstones of Managerial Accounting
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    Exam 16: Financial Statement Analysis
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    Return on Sales Is Calculated by Dividing
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Return on Sales Is Calculated by Dividing

Question 154

Question 154

Multiple Choice

Return on sales is calculated by dividing


A) sales by cost of goods sold.
B) gross profit by net sales.
C) net income by stockholders' equity.
D) net income by sales.

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