$$\text { Reference: } 12 - 10$$ Harstin Corporation Has Provided the Following Data

question 38

Multiple Choice

$$\text { Reference: } 12 - 10$$ Harstin Corporation has provided the following data: $$\begin{array} { | l | c | } \hline \text { Sales } & \$ 625,000 \\\hline \text { Gross margin } & 70,000 \\\hline \text { Net operating income } & 50,000 \\\hline \text { Stockholders' equity } & 90,000 \\\hline \text { Average operating assets } & 250,000 \\\hline \text { Residual income } & 20,000 \\\hline\end{array}$$
-The margin for the past year was?

• A)19.2%.
• B)11.2%.
• C)8.0%.
• D)14.4%.

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Definitions:

Temporal Lobe

A region of the cerebral cortex responsible for processing auditory information and encoding memory.

Parietal Lobe

The parietal lobe is a region of the brain associated with processing sensory information related to touch, pressure, temperature, and pain.

Primary Auditory Cortex

The part of the temporal lobe that is responsible for processing auditory information.

Temporal

Pertaining to time or located near the temples of the head.