The following data represent selected information from the income statement and balance sheet for Duenke Company for the year ended December 31, 2011: For the year ending on December 31, 2011, Duenke Company's rate of return on net sales was:
A)0)21.
B)0)18.
C)0)17.
D)0)19.

Question

The following data represent selected information from the income statement and balance sheet for Duenke Company for the year ended December 31, 2011:  For the year ending on December 31, 2011, Duenke Company's rate of return on net sales was:
A)0)21. 
B)0)18. 
C)0)17. 
D)0)19.

Quizplus · Accepted Answer

The Answer of The following data represent selected information from the income statement and balance sheet for Duenke Company for the year ended December 31, 2011:  For the year ending on December 31, 2011, Duenke Company's rate of return on net sales was:
A)0)21. 
B)0)18. 
C)0)17. 
D)0)19.

The Following Data Represent Selected Information from the Income Statement