Let's Assume for the Year Ended February 1,2018,that Rowna Inc

question 30

Essay

Let's assume for the year ended February 1,2018,that Rowna Inc reported net income of $2.2 billion on sales of $71.3 billion.If the company's cost of sales that year was $47.3 billion,what was the company's gross profit percentage and net profit margin? If sales were $77.3 billion in the prior year,what was the year-over-year percentage decrease in the most recent year?

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Definitions:

Actor-observer Effect

The inclination to ascribe personal actions to external factors, while assigning the actions of others to their inherent traits.

Vicarious Reinforcement

Learning to replicate behavior by observing the consequences of others’ actions, rather than experiencing them firsthand.

Passive Avoidance Learning

A type of learning in which an individual learns to refrain from engaging with a negative or harmful stimulus.

Negative Reinforcement

A behavior modification technique where the removal of an undesirable or unpleasant outcome following a desired behavior increases the likelihood of that behavior in the future.