Evaluate the Expression $\left( \begin{array} { l } 8 \\ 3 \end{array} \right)$

question 27

Multiple Choice

Evaluate the expression.
- $\left( \begin{array} { l } 8 \\ 3 \end{array} \right)$

• A) 56
• B) 336
• C) 11
• D) 24

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Definitions:

Net Sales

The amount of sales revenue remaining after deducting returns, allowances for damaged or missing goods, and discounts.

Gross Profit

The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including material and labor costs.

Liquidity Ratio

Financial metrics that measure a company's ability to meet its short-term obligations using its most liquid assets.