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Alexxandr [17]
2 years ago
8

Which of the following is a tertiary ratio that drives profitability?

Business
1 answer:
Ilia_Sergeevich [38]2 years ago
4 0

The SG&A Expense/Sales is the tertiary ratio that drives profitability.

<h3>What is SG&A Expense/Sales?</h3>

This refers to the everyday operating expenses of running a business that are not included in the production of goods or delivery of services.

As the SG&A includes rent, salaries, advertising, marketing expenses etc., it is the tertiary ratio that drives profitability.

Therefore, E is correct.

Read more about SG&A

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