A Company's Net Sales Revenue Is $540,000

question 101

Multiple Choice

A company's net sales revenue is $540,000.Its cost of goods sold is $360,000.Its gross profit percentage is:

• A) 33.33%.
• B) 66.67%.
• C) 100%.
• D) 300%.

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Definitions:

Short-Term Employees

Workers who are employed for a brief period, often to fulfill temporary needs of the hiring organization.

Interns

Individuals, often students, who work temporarily in a particular field to gain practical experience.

Value System

A set of consistent values and measures that are used for the purpose of ethical or ideological integrity.

Fairness

The quality of making judgments that are free from discrimination or bias, adhering to principles of equality and justice.