Salty's Surfshop Reported Net Sales of $258,000,Cost of Goods Sold

question 73

Multiple Choice

Salty's Surfshop reported Net Sales of $258,000,Cost of Goods Sold of $110,500,Operating Expenses of $62,400,and Income Tax Expense of 21,600.Salty's net income percentage was:

• A)32.98.
• B)42.83.
• C)57.17.
• D)24.61.

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Definitions:

Quantitative Terms

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Human Resources

The department or function within an organization that focuses on the management, support, and development of its workforce.

Organizational Assessment

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