Brimmel Corp

question 46

Multiple Choice

Brimmel Corp.has provided the following information: Sales were $780,000;
Cost of goods sold was $429,000;
Net income was $195,000.
What was Brimmel's gross profit percentage?

• A)55%
• B)45%
• C)62%
• D)222%

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Definitions:

Social Influences

The effects that the words, actions, or mere presence of other people have on an individual's thoughts, feelings, attitudes, or behavior.

Thought

The mental process of considering, reasoning, or remembering.

Stanford Prison Study

A psychological experiment conducted in 1971 by Philip Zimbardo at Stanford University, illustrating the effects of perceived power and authority on behavior.

Methodology

A system of methods used in a particular area of study or activity.