The ratio that gives the indication of the efficiency of a firm's sales with respect to cost of goods sold is a
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Correct Answer: Option A
Explanation:
Return on capital employed or ROCE is a profitability ratio that measures how efficiently a company can generate profits from its capital employed by comparing net operating profit to capital employed.
Return on capital employed or ROCE is a profitability ratio that measures how efficiently a company can generate profits from its capital employed by comparing net operating profit to capital employed.