A Company Reports Net Income of $70,000 and Net Sales

question 60

Multiple Choice

A company reports net income of $70,000 and net sales of $950,000. Which of the following is the rate of return on net sales?

• A) 0.05
• B) 0.20
• C) 0.07
• D) 0.66

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Definitions:

Tenting

The expansion of the inner two thirds of the vagina during sexual arousal.

Osmosis

A process by which molecules of a solvent tend to pass through a semipermeable membrane from a less concentrated solution into a more concentrated one.

Endometrial Tissue

The inner lining of the uterus, known as the mucous membrane, which becomes thicker throughout the menstrual cycle and is expelled during menstruation if pregnancy does not take place.

Nerve Tissue

A specialized tissue found in the nervous system, consisting of neurons and glial cells, that processes and transmits information through electrical and chemical signals.