Special Symbols Have Been Developed to Indicate the Methods to Be

question 1

Multiple Choice

Special symbols have been developed to indicate the methods to be used for connecting the components of a pipe ____.

• A) fabrication
• B) assembly
• C) layout
• D) build

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Definitions:

Profit Margin

A financial metric that measures the amount of net income earned with each dollar of sales by calculating the percentage of revenue that exceeds the cost of goods sold.

Net Income

The net income of a company, which is the remaining amount after deducting all costs and taxes from the total revenue.

Sales

The revenue a company earns from selling goods or services in its normal operations.

Operating Expenses

Costs associated with running a business's core operations on a daily basis, excluding costs of goods sold.