Under what circumstances can the return on sales be used to assess the profitability of a company?

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Under what circumstances can the return on sales be used to assess the profitability of a company? Can this ratio be used to compare the profitability of companies from different industries? Explain.

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Financial Accounting For Undergraduates

ISBN: 9781618533081

4th Edition

Authors: Wallace

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Question Posted: May 18, 2024 11:11 PM

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Under what circumstances can the return on sales be used to assess the profitability of a company?

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Financial Accounting For Undergraduates

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