Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. chester has a ros of 0.08 (ros = net income/sales)

Chester has a ROS of 0.08 (ROS = Net income/Sales). That means: Select: 1 A.For...

50.1K

Verified Solution

Question

Accounting

Chester has a ROS of 0.08 (ROS = Net income/Sales). That means: Select: 1

A.For every $8 of sales there is a profit of 1%.

B.There are sales of $8 for every dollar of profit.

C.There is a 8% profit on each dollar of sales.

D.There are sales of $92 for every dollar of profit.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

The potential decision to abandon a project has option value because: abandonment can occur at one specific...

General Management
1.2K views

What is disruptive leadership ? what is characteristics/trait of disruptive leader. ( Plagiarism check, 500 word...

Physics
1.2K views

c 0 031 A In the circuit shown the value of currents I I and...

Physics
1.2K views

Q2 If the net electric flux through a closed surface is zero then we can...

Calculus
1.2K views

If his the function given by h x f g x where f x and...

Algebra
1.2K views

Find the indicated term for the sequence whose general term is given. an=(-1)?/(n+2) ...

Accounting
1.2K views

Problem 4 - Factory Overhead Volume Variance Bellingham Company produced 3,900 units of product that...

Accounting
1.2K views

Required information [The following information applies to the questions displayed below.] Antuan Company set the...

Accounting
1.2K views

must do it in this format ACCOUNTING PROBLEM \# 7 New Age Computer...

Accounting
1.2K views

Grand River Company produces a high-quality insulation material that passes through two nroduction processes. Data...

Accounting
1.2K views

Chapter 4 Homework i 1 3.34 points Skipped eBook Ask Print References Complete this question...

Finance
1.2K views

KADS, Inc. has spent $350,000 on research to develop a new computer game. The firm...