If a Company Has Net Sales of $600000 and Cost

question 193

Multiple Choice

If a company has net sales of $600000 and cost of goods sold of $372000 the gross profit percentage is

• A) 22%.
• B) 38%.
• C) 62%.
• D) 100%.

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Definitions:

Functionalist Positions

Theoretical perspectives in sociology that emphasize the interconnectedness of social institutions and their role in maintaining social order and stability.

Marxist

Pertaining to the theories of Karl Marx, which focus on class conflict, economic determinism, and the critique of capitalism.

Feminist

Relates to a movement or perspective that seeks to address and advocate for women's rights and equality between genders, challenging societal norms and structures that perpetuate gender disparities.

Canadian Family

The diverse structures and relations of families living in Canada, influenced by social, cultural, and legal changes over time.