Answer the following questions using the information below:
The Bandage Medical Supply Company has two divisions that operate independently of one another.The financial data for the year 2017 reported the following results:
The company's desired rate of return is 10%.Profit is defined as operating profit.
-Which of the following is the correct formula for return on sales?
A) Investment/Profit
B) Profit/Revenue
C) Revenue/Investment
D) Profit/Investment
Correct Answer:
Verified
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