If a Company Has Sales of $420,000, Net Sales of $400,000

question 91

Multiple Choice

If a company has sales of $420,000, net sales of $400,000, and cost of goods sold of $260,000, the gross profit rate is

• A) 67%.
• B) 65%
• C) 35%.
• D) 33%.

---

Definitions:

Meat Powder

A powdered form of meat used primarily as a dietary supplement or in food processing.

Negative Contingency

A relationship where the occurrence of one behavior decreases the likelihood of another event or behavior.

Signaled Shock

A procedure in conditioning experiments where a signal or cue is given before an aversive stimulus, such as a shock, to study learning and anticipation.

Unsignaled Shock

A type of aversive stimulus that is delivered without a preceding warning, often used in psychological experiments to study learning and behavior.