Question: Hii teacher please given answer for general accounting question an please not use ai... The net sales for a company were $4,800,000; the gross profit

Hii teacher please given answer for general accounting question an please not use ai...

Hii teacher please given answer for general
The net sales for a company were $4,800,000; the gross profit was $900,000; and the net income was $360,000. The rate of return on net sales would be: - a.0.0750 - b. 0.1875 - c. 0.2500 - d. 0.3333

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!