Like all cost ratios,the return on sales ratio should be kept as low as possible.

Name: Like all cost ratios,the return on sales ratio should be kept as low as possible.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Unlike other cost ratios, a high return on sales ratio is desirable as it indicates that the company is generating a higher profit margin from its sales, which is a positive indicator of its financial performance. Therefore, the statement is false.

Like All Cost Ratios,the Return on Sales Ratio Should Be