Revenue Is $400,000 and Cost of Goods Sold Is $100,000

question 93

Multiple Choice

Revenue is $400,000 and Cost of goods sold is $100,000.How much is the gross profit percent?

• A) 75%
• B) 25%
• C) 60%
• D) 40%

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Definitions:

Sieve-Tube Members

Plant cells that are part of the phloem and responsible for transporting sugars and other nutrients throughout the plant.

Apical Meristem

The growth region in plants found at the tips of roots and shoots, responsible for primary growth.

Parenchyma

Fundamental tissue in plants responsible for photosynthesis, storage, and tissue repair, consisting of living cells with diverse functions.

Monocot

A group of flowering plants whose seeds typically contain only one embryonic leaf, or cotyledon.