If a Company Has Net Sales of $700,000 and Cost

question 6

Multiple Choice

If a company has net sales of $700,000 and cost of goods sold of $455,000, the gross profit percentage is

• A) 25%.
• B) 35%.
• C) 65%.
• D) 100%.

---

Definitions:

Defense Reaction

A psychological or physiological response to a perceived threat, aimed at safeguarding an individual.

Aggressive Behaviors

Actions or attitudes that are hostile, destructive, or violent towards others or oneself.

Inflated Doll

A doll that is designed to be filled with air or gas and expand, often used as a toy or decorative object.

Bandura's Study

Refers to the series of experiments by Albert Bandura that demonstrated the role of observational learning or social learning, especially the Bobo doll experiment that highlighted how children learn aggression through imitation.