Question: 6. Presented below are Income Statement & Balance Sheet data for B&B Company: Operating expenses $ 32,000 Cash 5,000 Accounts Payable 10,000 Other expenses 3,000
6. Presented below are Income Statement & Balance Sheet data for B&B Company: Operating expenses $ 32,000 Cash 5,000 Accounts Payable 10,000 Other expenses 3,000 Income taxes 10,500 Cost of goods sold 175,000 Net revenue 300,000 What is the companys return on sales?
A. 3.86 percent
B. 26.50 percent
C. 9.75 percent
D. 7.25 percent
E. None of the Above
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