The Following Information Has Been Provided by the Evans Retail

question 44

Multiple Choice

The following information has been provided by the Evans Retail Stores, Inc., for the first quarter of the year:
$\begin{array} { | l | r | } \hline \text { Sales } & \$ 350,000 \\\hline \text { Variable Selling Expenses } & \$ 35,000 \\\hline \text { Fixed Selling Expenses } & \$ 25,000 \\\hline \text { Cost of Goods Sold } & \$ 160,000 \\\hline \text { Fixed Administrative Expenses } & \$ 55,000 \\\hline \text { Variable Administrative Expenses } & \$ 15,000 \\\hline\end{array}$


-What is the gross margin of Evans Retail Stores,Inc.,for the first quarter?

• A) $140,000.
• B) $190,000.
• C) $210,000.
• D) $220,000.

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Definitions:

Ethics Centre

A resource and meeting place that promotes ethical behavior and decision-making within an organization or community.

Ethical Mindfulness

The practice of being consciously aware of the ethical implications and consequences of our actions in everyday life.

Largely Negative

A term describing predominately negative outcomes, perceptions, or attitudes.

Unethically

Acting in a manner that is morally wrong or not in alignment with accepted standards of behavior.