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(Solved): Return on Sales Kuyu Co's sales rose 10% over prior year sales of $100,000; however net income, incr ...



Return on Sales Kuyu Co's sales rose 10% over prior year sales of $100,000; however net income, increased by only 11% over the prior year's net income. If Kuyu's prior year return on sales ratio was 11%, what is the current year return on sales ratio?
(Round answer to one decimal place.)



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