Given the Following Information Extracted from the Income Statement of Widget

question 90

Multiple Choice

Given the following information extracted from the income statement of Widget Company ( Widget Company has no depreciation or amortization expenses) ,

The gross profit margin and operating margin for Widget Company are closest to:

• A) GPM = 26.67%; OM = 17.78%
• B) GPM = 17.78%; OM = 26.67%
• C) GPM = 53.33%; OM = 14.44%
• D) GPM = 14.44%; OM = 53.33%

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Definitions:

Mental Processes

refer to internal, subjective experiences we infer from behavior, including thoughts, beliefs, and feelings.

Observable Human Activity

Actions or behaviors that can be seen and measured directly by others.

Contemporary Psychology

The scientific study of behavior and mental processes, focusing on current theories, practices, and research.

Mental Processes

Internal, cognitive actions or operations that enable humans to acquire knowledge and to think about their environment.