GH Enterprises Has Annual Sales of $3

question 98

Multiple Choice

GH Enterprises has annual sales of $3.4 million, depreciation of $260,000, operating expenses of $500,000, and cost of goods sold of $2.2 million. What is the gross profit?

• A)$700,000
• B)$1,200,000
• C)$1,460,000
• D)$1,650,000
• E)$1,710,000

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Definitions:

Social Impacts

The effects of actions (corporate, governmental, or individual) on the well-being of a community or society.

Economic Impacts

The effect of business decisions or policies on the economy of a region, including factors like employment and GDP.

Management Performance Indicators

Metrics used to monitor and assess the effectiveness and efficiency of managerial actions in meeting organizational goals.

Environmental Performance

A measure of how well an organization or country is managing its environmental responsibilities and reducing its environmental impact.