Accelerated Logistics Provides the Following Information What Is the Company's Profit Margin Ratio? (Round Your Answer

question 143

Multiple Choice

Accelerated Logistics provides the following information: $$\begin{array} { | l | r | } \hline \text { Operating income } & \$ 1,500,000 \\\hline \text { Net sales } & \$ 14,000,000 \\\hline \text { Average total assets } & \$ 2,000,000 \\\hline \text { Management's target rate of return } & 30 \% \\\hline\end{array}$$ What is the company's profit margin ratio? (Round your answer to two decimal places.)

• A) 14.29%
• B) 10.71%
• C) 75.00%
• D) 27.90%

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Definitions:

Sexual Orientation

An enduring pattern of romantic or sexual attraction to persons of the opposite sex or gender, the same sex or gender, or to both sexes or more than one gender.

Victim Blaming

The practice of holding the victim of a crime, accident, or any type of abusive maltreatment to be entirely or partially responsible for the wrongful conduct committed against them.

Rape Culture

A complex of beliefs that normalizes sexual violence against women and blames victims, perpetuated through media and popular culture.

Sexual Double Standards

A societal norm that allows or excuses certain behaviors in one gender but not the other, often related to sexual behavior and attitudes.