Sapien Corporation Has Provided the Following Data for the Most

question 36

Multiple Choice

Sapien Corporation has provided the following data for the most recent year:
$\begin{array}{lr}\text {Sales }&\$1,340,000\\\text {Gross margin. }&\$460,000\\\text {Net operating income. }&\$54,846\\\text {Net income before taxes }&\$41,846\\\text {Net income. }&\$27,200\\\end{array}$
The company's gross margin percentage is closest to:

• A) 52.3%
• B) 1691.2%
• C) 5.9%
• D) 34.3%

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Definitions:

Sister Chromatids

The two identical DNA molecules of a duplicated eukaryotic chromosome, attached at the centromere.

Chromosome

A structure that consists of DNA together with associated proteins; carries part or all of a cell’s genetic information.

Genetic Information

The instructions coded in the DNA or RNA that determine the characteristics of an organism.

Hydrogen Bonds

A type of weak chemical bond that occurs when a hydrogen atom bonded to a highly electronegative atom, such as oxygen or nitrogen, experiences an attraction to another electronegative atom.