Use the Following to Answer Questions
Big Deer Industries Gathered $2010 \quad 2009$

question 81

Multiple Choice

Use the following to answer questions
Big Deer Industries gathered the following year-end data (in thousands) for 2010 and 2009:
                                                        $2010 \quad 2009$
$\begin{array}{lrr}\text { Current Assets } & \$ 450 & \$ 500 \\\text { Long-Term Assets } & 810 & 620 \\\text { Current Liabilities } & 310 & 420 \\\text { Long-Term Liabilities } & 500 & 610 \\\text { Owners' Equity } & 500 & 300 \\\text { Net Sales } & 900 & 810 \\\text { Gross Margin } & 410 & 400 \\\text { Net Tncome } & 180 & 13\end{array}$
-The gross margin percentage for 2010 was:

• A)33.0%
• B)40.1%
• C)42.2%
• D)45.6%

---

Definitions:

Lean

A systematic method for waste minimization within a manufacturing system without sacrificing productivity, often associated with the Toyota Production System.

American Cancer Society

A nationwide, community-based voluntary health organization dedicated to eliminating cancer through research, education, advocacy, and service.

Nutritional Guidelines

These are recommendations regarding the intake of nutrients considered necessary for healthy living, often published by health organizations and government agencies.

Fad Diets

Trendy weight-loss plans that promise dramatic results, often lacking scientific support and sustainability.