If the Return on Sales Is 11% and the Total

question 55

True/False

If the return on sales is 11% and the total assets turnover is 1.8,the rate of return on total assets would be 19.8%.

---

Definitions:

Cookies

Small data files stored on a user's computer by a web browser, used to personalize web experiences and track online behavior for targeted advertising.

Online Buying

The process of purchasing goods or services over the Internet, which allows consumers to buy from a wide range of products without geographical limitations.

Shopping Experience

The overall perception and satisfaction a consumer has when purchasing products or services, influenced by environment, customer service, and convenience.

Empowered Consumers

Consumers who have increased control and influence over their purchasing decisions, often through access to information and alternatives offered by technology.