Return on Sales Is Calculated by Dividing

question 154

Multiple Choice

Return on sales is calculated by dividing

• A) sales by cost of goods sold.
• B) gross profit by net sales.
• C) net income by stockholders' equity.
• D) net income by sales.

---

Definitions:

Mitosis

The process of cell duplication and division that generates all of an individual’s cells except sperm and ova.

Physical Presence

Being bodily in a place or situation, as opposed to being there in thought, spirit, or via electronic means.

Material Tools

Physical objects created or used by humans to perform tasks or achieve certain functions, ranging from simple implements to complex machinery.

Symbolic Tools

Systems of signs, symbols, and language that humans use to communicate, think, solve problems, and convey information.