The ratio that indicates how much profit is generated from each sales dollar to cover general and selling expenses is:
A) gross profit rate.
B) return on sales.
C) rate of return on total assets.
D) rate of return on common stockholders' equity.

Question

Quizplus · Accepted Answer

The Answer of The ratio that indicates how much profit is generated from each sales dollar to cover general and selling expenses is:
A) gross profit rate.
B) return on sales.
C) rate of return on total assets.
D) rate of return on common stockholders' equity.

The Ratio That Indicates How Much Profit Is Generated from Each