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%

---

Definitions:

Entrepreneurs

Individuals who start, design, and manage a new business venture, often taking on greater than normal financial risks.

Idea Generation Strategies

Techniques and approaches used to generate creative and innovative ideas, often involving brainstorming, research, and collaboration.

Example

A representative instance or case that illustrates a concept, principle, or process.

Freudian Perspective

A psychological theory developed by Sigmund Freud that emphasizes unconscious processes and childhood experiences in shaping personality and behavior.