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At XYZ Company, the ratio sales to gross profit is 4:3 and the ratio of gross profit to net profit is 3:1, what is the ratio of net profits to sales?

At XYZ Company, the ratio sales to gross profit is 4:3 and the ratio of gross profit to net profit is 3:1, what is the ratio of net profits to sales? Correct Answer 1:4

Sales : gross profit = 4 : 3 gross profit : net profit = 3 : 1 sales : gross : net = 4 : 3 : 1 net : sales = 1 : 4

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