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The Following Information Pertains to the Vertigo Company Return on Sales Equals ________

Question 22

Multiple Choice

The following information pertains to the Vertigo Company:
 Total assets $150,000 Total current liabilities $110,000 Total expenses $70,000 Total liabilities $115,000 Total revenues $80,000\begin{array}{ll}\text { Total assets } & \$ 150,000 \\\text { Total current liabilities } & \$ 110,000 \\\text { Total expenses } & \$ 70,000 \\\text { Total liabilities } & \$ 115,000 \\\text { Total revenues } & \$ 80,000\end{array}
Return on sales equals ________.


A) 12.5%
B) 50.0%
C) 75.0%
D) 133.0%

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