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    Entrepreneurship and Small Business Management Study Set 2
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    Exam 13: Using Financial Statements to Guide a Business
  5. Question
    Calculate the Return on Sales for a Business That Has
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Calculate the Return on Sales for a Business That Has

Question 1

Question 1

Multiple Choice

Calculate the return on sales for a business that has net income of $25,000 and sales of $60,000.


A) 42%
B) 0.42
C) 4.2
D) 0.042
E) None of the above

Correct Answer:

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