Given Below Are Several Ratios

question 142

Multiple Choice

Given below are several ratios.Select the accounts or amounts that would be used in order to calculate the ratio.You will have more than one response to each ratio.Some accounts or amounts may not be used at all.
-Return on sales ratio

• A) Market price per share
• B) Net sales
• C) Gross profit
• D) Average total assets
• E) Interest expense, net of tax
• F) Netincome
• G) Total liabilities
• H) Total assets

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Definitions:

Critical Thinking Skill

The ability to think clearly, rationally, and independently, evaluating arguments and solving problems systematically.

Encoding

The initial process of converting information into a form that can be stored in memory.

Retrieval

The process of getting information out of memory storage to be used in response to a cue or question.

Critical Thinking Skill

The ability to analyze information objectively, evaluate arguments and evidence, and make reasoned judgments and decisions.