Return on sales is also known as
A) profit margin
B) revenues.
C) cost of goods sold.
D) income.

Question

​Return on sales is also known as
A) ​profit margin
B) ​revenues.
C) ​cost of goods sold.
D) ​income.

Quizplus · Accepted Answer

Return on sales is calculated by dividing net income by total revenue. This ratio is also known as profit margin, as it represents the percentage of revenue that is converted into profit. Therefore, option A is the best choice. Options B, C, and D are incorrect as they do not accurately represent return on sales.

​Return on Sales Is Also Known as

Return on Sales Is Also Known as