The Following Information Is from Megabux, Inc

question 104

Multiple Choice

The following information is from Megabux, Inc.'s annual report for the years ended December 31:

-Refer to the Megabux annual report above.Calculate the gross profit ratio for 2011.

• A)58.0%
• B)52.7%
• C)47.3%
• D)4.5%

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Definitions:

Input Production

The process of using resources (inputs) to create goods or services.

Substitutes Consumption

Refers to the consumption of goods that can replace each other in use, affecting the demand for these goods.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a specified time period.

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Devices that plug into a television's HDMI port to enable streaming content from mobile devices or computers to the TV screen.