Olivera Inc On Vertical Analysis Report, Gross Profit as a Percentage of \begin{array}

question 51

Multiple Choice

Olivera Inc. provides the following data for the year 2015: $$\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 625,000 \\\hline \text { Sales Returns and Allowances } & 20,000 \\\hline & \\\hline \text { Sales Discounts } & 5,000 \\\hline \text { Net Sales Revenue } & \$ 600,000 \\\hline\end{array}$$ On vertical analysis report, gross profit as a percentage of net sales will be:

• A) 35.9%
• B) 41.67%
• C) 56.1%
• D) 44.1%

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Definitions:

Unfair Labor Practice

Actions by employers or unions that violate the rights of employees or the procedures of collective bargaining under existing labor laws.

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Bargaining Impasses

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