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:

Developed

Refers to a state of advanced economic and social growth in a country or region.

Confession-Eliciting

Pertaining to the process or techniques used to persuade or encourage individuals to admit guilt or disclose truths in criminal investigations.

Interrogator

A person, often associated with law enforcement or military, tasked with questioning individuals to obtain information, confessions, or intelligence.

Nine-Step Process

A structured approach or methodology that involves nine distinct steps or stages to achieve a particular goal or solve a problem.