A Company Has Four Departments (A,B,C and D)and the Net

question 108

Multiple Choice

A company has four departments (A,B,C and D) and the net sales are $35,000;$40,000;$60,000 and $25,000 respectively.The cost of goods sold per department is $25,000;$15,000;$30,000 and $15,000 respectively.What department has the highest gross profit?

• A)A
• B)B
• C)C
• D)D

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Definitions:

Cutting Edge

The leading position in technological or innovative advancements within a particular field.

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A type of auction in which sellers bid to provide goods or services to a buyer, with prices typically decreasing over time until a winning bid is selected.

Would-Be Suppliers

Potential vendors or suppliers that are interested in providing goods or services to a company.

Competition

The alternative firms that could provide a product to satisfy a specific market’s needs.