Rate of return on net sales
Revision as of 18:24, 16 July 2020 by EshwaN (talk | contribs) (Created page with "Rate of return on net sales are ratio of net income to net sales. It is a measure of profitability; also called return on sales. ==Definitions== According to Managerial...")
Rate of return on net sales are ratio of net income to net sales. It is a measure of profitability; also called return on sales.
Definitions
According to Managerial Accounting by Braun, Tietz (5th edition),
- Rate of return on net sales. Ratio of net income to net sales. It is a measure of profitability; also called return on sales.
