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Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN: 9781337788281
Author: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher: Cengage Learning
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What is the company's ROS?
![2.5.14 Financial Accounting
Below are Income Statement data for Moti
Corporation:
Operating expenses $124,000, Other expenses
$12,000, Income taxes $29,000, Cost of goods sold
$101,000, and the Net revenue $333,000.
What is the company's return on sales?](https://content.bartleby.com/qna-images/question/dcfb96c1-b8bb-4f6d-9439-c803fecb89c4/50522700-546f-4021-babe-23cea4175051/ekbhxdr_thumbnail.jpeg)
Transcribed Image Text:2.5.14 Financial Accounting
Below are Income Statement data for Moti
Corporation:
Operating expenses $124,000, Other expenses
$12,000, Income taxes $29,000, Cost of goods sold
$101,000, and the Net revenue $333,000.
What is the company's return on sales?
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