Use the Information Below to Answer the Following Question(s)

question 181

Multiple Choice

Use the information below to answer the following question(s) .The following information pertains to Payton's Shoe Manufacturing:
99,500 pairs of shoes are sold during the year for $18.
-What is the amount of Payton's gross profit?

• A)$995,000
• B)$1,000,000
• C)$1,791,000
• D)$796,000
• E)$896,000

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow in 1943, which outlines a five-tier model of human needs, arranged in a hierarchy.

First Level

The initial or elementary stage in a series or categorization system.

Physical and Economic Survival

The requirement for basic necessities that sustain life and the financial means to secure these necessities.

Understanding Others

involves the ability to empathize and comprehend the thoughts, emotions, and behaviors of others, fostering better interpersonal relationships.