Selected financial data from Harlow Company for the most recent year appear below: The income tax rate is 30 percent.
The return on sales ratio was closest to
A)14%.
B)40%.
C)22%.
D)10%.

Question

Selected financial data from Harlow Company for the most recent year appear below:  The income tax rate is 30 percent.
The return on sales ratio was closest to
A)14%. 
B)40%. 
C)22%. 
D)10%.

Quizplus · Accepted Answer

The Answer of Selected financial data from Harlow Company for the most recent year appear below:  The income tax rate is 30 percent.
The return on sales ratio was closest to
A)14%. 
B)40%. 
C)22%. 
D)10%.

Selected Financial Data from Harlow Company for the Most Recent