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Westkost [7]
3 years ago
15

Calculate the return on sales for a business that has net income of $25,000 and sales of $60,000.

Business
1 answer:
m_a_m_a [10]3 years ago
5 0
The answer is 42% correct answer 
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Selected data from the Florida Fruit Company are presented below: Total assets $1,500,000 Average total assets 1,850,000 Net inc
Mkey [24]

Answer:

13.5%

Explanation:

Relevant data provided for computing the profit margin which is here below:-

Net Income = $175,000

Net Sales = $1,300,000

The computation of profit margin is shown below:-

Profit Margin = (Net Income ÷ Net Sales) × 100

= ($175,000 ÷ $1,300,000) × 100

= 13.5%

Therefore for computing the profit margin we simply applied the above formula.

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4 years ago
Question A
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Answer:

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Explanation:

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3 years ago
Which of the following is included in a standard MLA-style bibliographic entry for an interview conducted by a researcher?
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Answer:

C

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4 years ago
Prompt<br> What is the difference between liquid and illiquid assets?
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3 years ago
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