$$\text { Reference: } 12 - 10$$ 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:

Basal Metabolic Rate

The amount of energy expressed in calories that a person needs to keep the body functioning at rest, including processes like breathing and keeping warm.

Temperature

A measure of the body's heat or the environmental heat, usually expressed in degrees Celsius or Fahrenheit.

Dry Mucous Membranes

A condition where the mucosal linings in the body, such as those in the nose and mouth, lack proper moisture and become dry.

Leg Cramps

Sudden, involuntary muscle contractions, often causing pain in the legs.