Mason Enterprises' Net Marketing Contribution of $50 Million Is Derived

question 29

Multiple Choice

Mason Enterprises' net marketing contribution of $50 million is derived from sales of $200 million.If its marketing and sales expenses amount to $20 million,what is its percentage of gross profit margin?

• A)40%
• B)35%
• C)20%
• D)25%
• E)30%

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Definitions:

Management

The process of planning, organizing, leading, and controlling resources within an organization to achieve its goals efficiently and effectively.

Sustainability

The ability to maintain or improve the quality and longevity of a resource, practice, or system without depleting the contributing elements it requires.

Nonprofits

Entities designed to serve the public or community benefits without seeking commercial or monetary profits for their owners or stakeholders.

Services

Activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything.