Profit on each dollar of sales

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Chester has a ROS of 0.08 (ROS = Net income/Sales). That means: There are sales of $92 for every dollar of profit. For every $8 of sales there is a profit of 1%. There are sales of $8 for every dollar of profit. There is a 8% profit on each dollar of sales 

Reference no: EM13733587

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Profit on each dollar of sales : Chester has a ROS of 0.08 (ROS = Net income/Sales). That means: There are sales of $92 for every dollar of profit. For every $8 of sales there is a profit of 1%. There are sales of $8 for every dollar of profit. There is a 8% profit on each dollar of..
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