What Is the Total Sales a Business Should Generate If

question 24

Multiple Choice

What is the total sales a business should generate if it must obtain a net profit of $125 million at a sales return of 20%?

• A)$1.25 billion
• B)$250 million
• C)$2.5 billion
• D)$625 million
• E)$750 million

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Definitions:

Western Bias

The inclination to favor Western or Eurocentric perspectives, often at the expense of ignoring or undervaluing other viewpoints.

First World

A term originally used during the Cold War to describe industrialized capitalist countries in North America, Western Europe, and their allies.

Third World

A term originally used to describe countries that were not aligned with either the capitalist First World or the socialist Second World during the Cold War, now often referring to developing countries.

Gross Domestic Product

The total market value of all goods and services produced within a country's borders in a specific time period, serving as a broad measure of economic activity.