Dean Corporation Reported Net Income $58,000, Net Sales $500,000, and Average

question 26

Multiple Choice

Dean Corporation reported net income $58,000, net sales $500,000, and average assets $800,000 for 2020. The 2020 profit margin was:

• A) 5.8%.
• B) 11.6%.
• C) 62.5%.
• D) 160%.

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Definitions:

Physical Consequences

The bodily effects resulting from certain actions, conditions, or behaviors, which can include pain, disability, or other health complications.

Drugs And Alcohol

Terms collectively describing substances that can lead to dependency or addiction, impacting an individual's physical and mental health.

Addictions Counseling

A therapeutic approach aimed at helping individuals understand and overcome their dependence on substances or behaviors, often involving strategies for recovery and relapse prevention.

Anger Management

A process of learning to recognize signs of becoming angry and taking action to calm down and deal with the situation in a positive way.