The following information is available for Velva Company for its most recent year: 
The gross margin is 40 percent of net sales. What is the cost of goods available for sale?
Definitions:
Gene Recruitment
The evolutionary process by which a gene acquires a new function, often through the duplication and divergence of existing genes.
Venom Evolution
The process by which animals develop venomous capabilities as a means of predation, defense, or competition, involving changes in venom composition and delivery mechanisms.
Light-sensitive Spots
Simple photoreceptors found in some organisms that can detect the presence of light but cannot form images.
Compound Eye
A type of eye found in insects and some crustaceans, consisting of multiple small visual units that provide a wide field of vision and the ability to detect movement.
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