Return on sales is ______.Multiple choice question.net income divided by common stock outstandingnet income divided by total owners' equitynet income divided by current liabilitiesnet income divided by net sales
Question
Return on sales is ______.Multiple choice question.net income divided by common stock outstandingnet income divided by total owners' equitynet income divided by current liabilitiesnet income divided by net sales
Solution
The answer is "net income divided by net sales". This is because Return on Sales (ROS) is a ratio used to evaluate a company's operational efficiency; this ratio provides insight into how much profit is being produced per dollar of sales.
Similar Questions
Return on equity is net income minus taxes divided by ______.Multiple choice question.total owners' equitynet salescurrent liabilitiescommon stock outstanding
eturn on equity is net income minus taxes divided by ______.Multiple choice question.common stock outstandingcurrent liabilitiesnet salestotal owners' equity
Return on investment = Blank______.Multiple choice question.Average operating assets ÷ Net operating incomeSegment revenue ÷ Net operating incomeNet operating income ÷ Average operating assetsNet operating income ÷ Segment revenue
Net income is ______.Multiple choice question.is operating expenses minus taxesis gross profit plus operating expenses and taxesall revenue minus all expenses and taxesis net sales minus cost of goods sold
A company's net sales minus cost of goods sold is called Blank______.Multiple choice question.gross profitstockholders equitynet incomeretained earnings
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.