Use the Table for the Question(s)below

question 40

Multiple Choice

Use the table for the question(s) below.
Luther Corporation Consolidated Income Statement Year ended 30 June (in $ millions)

-Refer to the income statement above. Luther's net profit margin for the year ending 30 June 2017 is closest to:

• A)16.7%
• B)1.8%
• C)5.4%
• D)2.7%

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Definitions:

Accidental Injury

An unexpected and unintended bodily harm resulting from an accident rather than from a deliberate act.

Employer at Fault

A situation where an employer is held responsible or liable for a wrongful act or an omission in the scope of employment.

Quid Pro Quo Harassment

A form of sexual harassment where job benefits are conditioned on sexual favors or where submission to or rejection of such conduct affects employment decisions.

Substantial Raise

A significant increase in one's salary or wage, reflecting recognition for accomplishments or adjustments for market conditions.