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    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 4: Accounting for Merchandising Businesses
  5. Question
    The Return on Sales Ratio Indicates the Amount of Each
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The Return on Sales Ratio Indicates the Amount of Each

Question 17

Question 17

True/False

The return on sales ratio indicates the amount of each sales dollar that is left over after covering the cost of goods sold.

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