Last Year,Rebecca's Bookstore Had $1 Million in Sales

question 93

Multiple Choice

Last year,Rebecca's Bookstore had $1 million in sales.She spent $590,000 to buy the books that she sold and paid out $300,000 in operating expenses.Interest and taxes came to $3,000.How much profit did Rebecca have for each $1.00 in sales?

• A)$0.071
• B)$0.107
• C)$0.170
• D)$0.017

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