A Company Made Net Sales Revenue of $540,000 and Cost

question 132

Multiple Choice

A company made net sales revenue of $540,000 and cost of goods sold totaled $324,000. Calculate its gross profit percentage.

• A)40.00%.
• B)66.67%.
• C)100.00%.
• D)300.00%.

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Definitions:

Charismatic Leaders

Leaders who inspire and motivate others through their personal charm, persuasiveness, and compelling vision.

Technical Knowledge

Expertise or proficiency in specific fields or disciplines, particularly those involving methods, processes, systems, or machinery.

Need For Control

The desire or requirement to influence or dictate the behavior of others or the outcome of events.

Contingency Theory

A leadership theory that suggests the effectiveness of a leader is contingent upon how their leadership style matches the situation.