Fruhling Company presented the following data at the end of 2019: Net sales revenue $1,200,000 Cost of
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Question:
Fruhling Company presented the following data at the end of 2019:
Net sales revenue $1,200,000
Cost of goods sold $550,000
Operating expenses $260,000
Income tax rate 25%
Determine the company’s return on sales
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Related Book For 
Financial Reporting and Analysis Using Financial Accounting Information
ISBN: 978-1439080603
12th Edition
Authors: Charles H Gibson
Posted Date:
