Junebag Corporation Reported Net Income $24,000; Net Sales $400,000; and Average

question 153

Multiple Choice

Junebag Corporation reported net income $24,000; net sales $400,000; and average assets $600,000 for 2017. What is the 2017 profit margin?

• A) 6%
• B) 4%
• C) 40%
• D) 67%

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Definitions:

Sociogram

A graphical representation of the social links and dynamics within a group.

Social Relationships

Connections between individuals shaped by communication, shared experiences, and emotional bonds.

Social-information Processing

The mechanism by which individuals interpret and respond to social cues and stimuli, affecting their social interactions and relationships.

Antisocial Way

Behavior contrary to the prevailing social norms, often harmful to social relationships.