Company X Has Net Sales Revenue of $780,000,cost of Goods

question 148

Multiple Choice

Company X has net sales revenue of $780,000,cost of goods sold of $343,200,and all other expenses of $327,600.The net profit margin is closest to:

• A) 0.32.
• B) 0.56.
• C) 0.86.
• D) 0.14.

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Definitions:

Sublingually

Refers to the method of administering medication under the tongue for absorption into the bloodstream.

Dissolved

The process by which a solid, liquid, or gas forms a solution in a solvent, becoming dispersed uniformly throughout the solvent.

Eat

The act of consuming food to provide nutritional support for the body.

Intramuscularly

Refers to the administration of medication by injection directly into the muscle tissue.