Cornerstones of Managerial Accounting 4th Edition by Maryanne Mowen, Don Hansen, Dan Heitger

تمرين 3

The income statement, statement of retained earnings, and balance sheet for Somerville Company are as follows:
Calculating the Return on Sales
Refer to the information for Somerville Company on the previous page.
Required:
Calculate the return on sales. (Note: Round the answer to one decimal place.)