A Company's Net Sales Revenues Are $1,000,000

question 113

Multiple Choice

A company's net sales revenues are $1,000,000.Its cost of goods sold is $400,000.Which of the following is its gross profit percentage?

• A) 40%
• B) 60%
• C) 167%
• D) 250%

---

Definitions:

Food Pellets

Small, compact units of food, often used in animal feed and experimental research involving animals to control diet and measure intake.

Lever

A simple machine consisting of a beam or rigid rod pivoted at a fixed hinge or fulcrum, used to transmit or apply force.

Negative Reinforcement

A process in behavior modification where a response increases because a negative (aversive) condition is removed or avoided.

Positive Reinforcement

A technique in behavior therapy that involves rewarding desirable behaviors to increase the likelihood they will recur.