Company X Has Net Sales Revenue of $780,000,cost of Goods

question 148

Multiple Choice

Company X has net sales revenue of $780,000,cost of goods sold of $343,200,and all other expenses of $327,600.The net profit margin is closest to:

• A) 0.32.
• B) 0.56.
• C) 0.86.
• D) 0.14.

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Definitions:

Oxygen

A chemical element with symbol O and atomic number 8, essential for aerobic respiration in most living organisms.

Carbon Dioxide

An odorless, colorless gas resulting from the burning of carbon and organic molecules, and emitted during breathing, which is assimilated by plants for use in photosynthesis.

Citric Acid Cycle

A series of chemical reactions used by all aerobic organisms to release stored energy through the oxidation of acetyl-CoA derived from carbohydrates, fats, and proteins into carbon dioxide and chemical energy.

Glucose Molecule

A simple sugar and important energy source in living organisms, serving as a primary substrate for cellular respiration and a basic building block for carbohydrates.