A Firm Has Net Sales of $35,000,operating Expenses of $6,100,depreciation

question 36

Multiple Choice

A firm has net sales of $35,000,operating expenses of $6,100,depreciation of $1,700,and cost of goods sold of $18,300.What is the gross margin?

• A) 31.1 percent
• B) 35.4 percent
• C) 47.7 percent
• D) 52.9 percent
• E) 59.2 percent

---

Definitions:

Job Description

A document that outlines the key responsibilities, duties, qualifications, and skills required for a specific role within an organization.

Tasks

Specific duties or pieces of work assigned to or expected to be completed by someone.

Synergy

The enhanced effect achieved when multiple elements, individuals, or organizations work together, surpassing the sum of their individual effects.

Compressed Work Weeks

Work schedules that allow employees to work their full number of hours over fewer days in the week, often to facilitate better work-life balance.