Gammon Industries wishes to increase its ROS to 20%. Their current Return on Sales is 15% and they believe that sales are fixed at $750,000. To achieve their target profit they can

Question

Quizplus · Accepted Answer

All options directly contribute to increasing the Return on Sales (ROS) by either reducing operating costs, reducing the cost of goods sold, or reducing total costs, which would increase the profit margin given fixed sales, thus helping to achieve the target ROS of 20%.

Gammon Industries Wishes to Increase Its ROS to 20