A Firm Has a Gross Profit of $60 Million and a Net

question 49

Multiple Choice

A firm has a gross profit of $60 million and a net marketing contribution of $14 million.The firm has a market share of 6% and a margin per unit of $70.Calculate the marketing and sales expenses of the firm.

• A)$46 million
• B)$70 million
• C)$ 420,000
• D)$10,000
• E)$14 million

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Definitions:

Intramolecular

Describes forces or reactions occurring within a single molecule, as opposed to between different molecules.

Intermolecular Forces

The forces which mediate interaction between molecules, including hydrogen bonding, dipole-dipole interactions, and dispersion forces.

Physical Properties

These are characteristics of a substance that can be observed or measured without changing its identity, such as density, color, melting point, and boiling point.

Condensation Point

The temperature at which a gas becomes a liquid; the cooling point where gaseous substances convert into their liquid state.