If a Company Has Sales Revenue of $630,000, Net Sales

question 79

Multiple Choice

If a company has sales revenue of $630,000, net sales of $600,000, and cost of goods sold of $390,000, the gross profit rate is

• A) 35%.
• B) 38%
• C) 62%.
• D) 65%.

---

Definitions:

Perform Well

Achieving or exceeding the standard or expectations in a given task or area of activity.

Teachers

Educators responsible for facilitating learning, developing instructional materials, and assessing student progress.

Lesbians and Gay Men

Individuals attracted to others of the same sex, with lesbians specifically referring to women and gay men to men.

Family Relationships

The connections and interactions between members of a family, including emotional bonds, communication patterns, roles, and responsibilities.