The return on sales ratio is ________.
A) net income/sales
B) also called the operating ratio
C) revenue/expenses
D) expenses/sales
Correct Answer:
Verified
Q20: Owner's equity consists of _.
A) common equity
B)
Q21: If you extend credit, it is critical
Q22: ROI is always calculated for _.
A) a
Q23: If you invest $1,525,000 in a business
Q24: In a business formula such as Return
Q26: In the United Kingdom, the income statement
Q27: A business's operating ratios are computed by
Q28: How would you express a ratio as
Q29: Return on Sales (ROS) is also called
Q30: When the ratio of expenses versus sales
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