Question: Return on Sales Ratio Using the data below, compute Dinos return on sales ratio for the month of January. Net Sales $10,000 Cost of goods

Return on Sales Ratio Using the data below, compute Dinos return on sales ratio for the month of January.

Net Sales $10,000
Cost of goods sold 4,000
Operating expenses 3,000
Other income 500
Income tax expense 1,200

Round answer to the nearest whole percentage.

Answer

%

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