Financial Information Is Presented Below The Gross Profit Rate Would Be
A)

question 230

Multiple Choice

Financial information is presented below: $\begin{array}{lr}\text { Operating Expenses } & \$ 92,800 \\\text { Sales Returns and Allowances } & 18,000 \\\text { Sales Discounts } & 12,000 \\\text { Sales Revenue } & 350,000 \\\text { Cost of Goods Sold } & 176,000\end{array}$ The gross profit rate would be

• A) .356.
• B) .450.
• C) .146.
• D) .497.

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Definitions:

Computer Hardware

The physical components of a computer system, such as the CPU, RAM, and hard drives.

Expert System

A computer program that uses artificial intelligence techniques to simulate the judgment and behavior of a human or an organization with expert-level knowledge in a specific field.

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The most efficient arrangement of resources, equipment, and spaces within a facility to maximize productivity and reduce costs.

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