Let's Say There Are 25 Students in Your Class

question 2

Multiple Choice

Let's say there are 25 students in your class. If each student gives every other student a card, how many cards are distributed? ​

• A) 600
• B) 300
• C) 650
• D) 50
• E) 625

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Definitions:

Gross Profit

The difference between sales revenue and the cost of goods sold, indicating the profitability of a company's core activities.

Operating Expenses

Costs incurred during the normal course of business operations, excluding the cost of goods sold.

Income from Operations

Earnings generated from a company's regular, core business activities before interest and taxes.

Gross Profit Percentage

A financial metric expressing the gross profit as a percentage of net sales, showing the efficiency of a company in making and selling its products.