A Company Had $7,000,000 in Net Income for the Year

question 104

Multiple Choice

A company had $7,000,000 in net income for the year. Its net sales were $15,200,000 for the same period. Calculate its profit margin.

• A) 85.4%.
• B) 46.1%.
• C) 53.9%.
• D) 217.1%.
• E) 117.1%.

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Definitions:

Childhood Sexual Abuse

Refers to any sexual activity with a child by an adult or significantly older or more powerful person.

Psychological Problems

These refer to mental or emotional issues that affect an individual's thoughts, feelings, and behaviors, often requiring professional diagnosis and intervention.

Repressed Memory

Memories that have been unconsciously blocked due to being associated with a high level of stress or trauma but may resurface later.

Proactive Interference

A phenomenon where older memories interfere with the recall of newer memories, often seen as a cause of forgetting.