The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a fire that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:

What is the Tractor Division's return on sales?
A) 0.02
B) 12.50
C) 0.22
D) 0.20

Question

The top management at Groundsource Company, a manufacturer of lawn and garden equipment, is attempting to recover from a fire that destroyed some of their accounting records. The main computer system was also severely damaged. The following information was salvaged:

What is the Tractor Division's return on sales?

What is the Tractor Division's return on sales?
A) 0.02 
B) 12.50 
C) 0.22 
D) 0.20

Quizplus · Accepted Answer

$160,000 / $10,000,000 = 0.02

The Top Management at Groundsource Company, a Manufacturer of Lawn