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The Following Information Is Available for the Huddle Company

question 64

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The following information is available for the Huddle Company: The following information is available for the Huddle Company:   What is the return on sales for the year ended December 31,2009? A) 2.9% B) 7.9% C) 23.4% D) 33.9% What is the return on sales for the year ended December 31,2009?


Definitions:

Capital Intensity Ratio

A financial measure that indicates the amount of assets or capital required to generate a dollar of revenue, illustrating the capital efficiency of a company.

Asset Efficiency

A measure of how effectively a company utilizes its assets to generate revenue.

Percentage of Sales Approach

A financial planning method that uses a specified percentage of sales or revenues to forecast future financial needs or growth requirements.

Variable Expenses

Costs that change in proportion to the activity or business volume.

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