Financial Information Is Presented Below: Operating Expenses $ 28,000

question 52

Multiple Choice

Financial information is presented below: Operating expenses $ 28,000
Sales returns and allowances 7,000
Sales discounts 3,000
Sales revenue 150,000
Cost of goods sold 98,000
The profit margin would be

• A).28.
• B).09.
• C).30.
• D).10.

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Definitions:

Maturity Principle

The notion that individuals become more conscientious and agreeable while less neurotic as they age.

Narcissism

Excessive self-love or self-centeredness, sometimes considered a personality disorder when it affects daily functioning.

Agreeableness

A personality trait characterized by warmth, kindness, and a cooperative disposition.

Extraversion

A characteristic of personality marked by being outgoing, chatty, bold, and displaying intense feelings openly.