Verbeke Inc Last Year's Turnover Was Closest To:
A) 16

question 105

Multiple Choice

Verbeke Inc. reported the following results from last year's operations: $\begin{array}{lr}\text { Sales } & \$, 300,000 \\\text { Variable expenses } & 3,890,000 \\\text { Contribution margin } & 2,410,000 \\\text { Fixed expenses } & 2,032,000\\\text { Net operating income }& \$ 378,000 \\\text { Average operating assets }& \$ 3,000,000\end{array}$ Last year's turnover was closest to:

• A) 16.67
• B) 0.06
• C) 2.10
• D) 0.48

---

Definitions:

Drug Abuse

The habitual taking of addictive or illegal drugs, leading to dependency and negative effects on health and social functioning.

Psychotherapy

A therapeutic treatment involving psychological methods, particularly when based on regular personal interaction with adults, to help a person change behavior and overcome problems in desired ways.

Empirical Evidence

Information acquired by observation or experimentation that is used as a basis for knowledge or reasoning.

Online Therapy

The provision of mental health services and support over the internet, which can include therapy via video calls, emails, or instant messaging.