The Ratio Obtained by Dividing Net Income After Taxes by Net

question 25

Multiple Choice

The ratio obtained by dividing net income after taxes by net sales is the

• A) return on sales ratio.
• B) acid-test ratio.
• C) return on equity ratio.
• D) earnings per share.
• E) working capital.

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Definitions:

Logarithmic Equation

A logarithmic equation is an equation that involves the logarithm of an expression equal to a value.

Decimal Places

The positions to the right of the decimal point in a number, each place representing a power of ten in the base ten number system.

Logarithmic Equation

A mathematical equation involving a logarithm of a variable or expression, often used to solve for variables in exponential functions.

Decimal Places

Positions to the right of a decimal point in a number, indicating fractions of a whole.