Calculate Gross Profit Margin Given the Following Information: Sales =

question 246

Multiple Choice

Calculate gross profit margin given the following information: sales = $1,200; cost of goods sold = $450; general and administrative costs = $150.

• A) 0.385
• B) 0.50
• C) 0.625
• D) 0.75
• E) 0.875

---

Definitions:

Prenatal Development

The process of growth and development within the womb, from conception to birth, divided into the germinal, embryonic, and fetal stages.

Dendrite

Branch-like projections of a neuron that receive electrical signals from other neurons, crucial for neural communication.

Neuron

A nerve cell that is the basic building block of the nervous system, responsible for transmitting information throughout the body.

Infant Brain

The developing brain of a child from birth to around the age of three years, which undergoes rapid growth and development.