If Total Merchandise Available for Sale Is 82 Percent of Net

question 2

Multiple Choice

If total merchandise available for sale is 82 percent of net sales and ending inventory is 20 percent of net sales,gross profit on sales is

• A) 20 percent of net sales.
• B) 36 percent of net sales.
• C) 38 percent of net sales.
• D) 58 percent of net sales.

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Definitions:

Exploration

The act of searching for the purpose of discovery of information or resources.

Exploitation

The act of using someone or something unfairly for one's own advantage, often disregarding their wellbeing.

Experimentation

involves conducting controlled tests or trials to discover, validate, or test hypotheses, theories, or products.

Decrease Accountability

Reducing the extent to which individuals or teams are held responsible for their actions, decisions, or performance.