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    Exam 8: Using Financial Statements to Guide a Business
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    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 32

Question 32

Multiple Choice

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


A) 0.52
B) 4.2
C) 42%
D) 4.2%

Correct Answer:

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