A Ratio of Net Income of $100,000 to Sales of $1,000,000

Multiple Choice

A ratio of net income of $100,000 to sales of $1,000,000 can be stated as

A) Net income is 1/10,or 10 percent,of sales.
B) For every dollar of sales,the company has an average net income of 10 cents.
C) The ratio of sales to net income is 10 to 1 (10:1) ,or sales are 10 times net income.
D) All of these choices.