The Following Information Is Provided from Ace Electronics' Annual Report $\bold{2012}$

question 111

Multiple Choice

The following information is provided from Ace Electronics' annual report for the years ended December 31:

-Refer to the Ace Electronics annual report above.Using vertical analysis, $\bold{2012}$ Gross profit would be represented as ________.

• A)113%
• B)68%
• C)(3%)
• D)58%

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Definitions:

State Industries

Industries that are owned, operated, or controlled by the government.

Profit-Focused

Refers to strategies or actions of a business that are primarily aimed at increasing its profits.

Direct Foreign Investment

Funding provided by an individual or a company based in one country to start or acquire business operations and assets in another country.

GDP

Gross Domestic Product, a measure of the economic performance of a country, calculated by adding up all market values of goods and services produced within the country in a year.