Figure 2-6

question 148

Multiple Choice

Figure 2-6. Seaview Company took the following data from their income statement at the end of the current year.
Refer to Figure 2-6.What was gross margin for the year?

• A)$60,000
• B)$100,000
• C)$40,000
• D)none of these

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Definitions:

Triglyceride

A type of fat (lipid) found in your blood, made up of three fatty acids and glycerol.

Wax

A lipid composed of long-chain fatty acids and alcohols that is hydrophobic and malleable at ambient temperatures.

Fatty Acid

Carboxylic acids with long hydrocarbon chains, which are components of lipids in the body and are used in various industrial applications.

Herring Oil

A type of oil obtained from the processing of herring fish, rich in omega-3 fatty acids.