A Company Had Net Income of $43,000, Net Sales of $380,500

question 49

Multiple Choice

A company had net income of $43,000, net sales of $380,500, and average total assets of $220,000. Its profit margin and total asset turnover were, respectively:

• A) 11.3%; 1.73.
• B) 11.3%; 19.5.
• C) 1.7%; 19.5.
• D) 1.7%; 11.3.
• E) 19.5%; 11.3.

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Definitions:

Anterior Hypothalamus

A region in the brain that plays a critical role in regulating temperature, reproductive behavior, and sleep.

Sexual Behavior

Actions that individuals engage in that are related to their sexuality or sexual activities.

Medial Preoptic Area

A region of the hypothalamus involved in regulating behaviors such as mating, thermoregulation, and hormone secretion.

Obestatin

A hormone produced by the stomach, associated with reducing appetite and potentially playing a role in energy balance.