A Company's Net Sales Revenue Is $540 000

question 109

Multiple Choice

A company's net sales revenue is $540 000. Its cost of sales is $360 000. Its gross profit percentage is:

• A)33.33%.
• B)300%.
• C)66.67%.
• D)100%.

---

Definitions:

Applied Psychology

The practical application of psychological principles and theories to solve real-world problems or enhance human and animal behavior and experience.

Practical Significance

The importance or usefulness of research findings in real-world applications or implications.

Psychological Issues

Refers to problems or disorders that affect an individual's mental health and well-being.

Basic Psychology

The study of fundamental principles underlying human behavior and mental processes.