A Company Had Net Sales of $752,000 and Cost of Goods

question 130

Multiple Choice

A company had net sales of $752,000 and cost of goods sold of $543,000.Its net income was $17,530.The company's gross margin ratio equals:

• A)18.9%
• B)24.5%
• C)27.8%
• D)34.7%
• E)35.2%

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Definitions:

Sexual Health Care

Medical services and support related to the sexual well-being and reproductive health of individuals.

Sexual Function

Aspects of physical and emotional well-being related to sexual activity and performance.

Sexual Needs

The requirement for sexual expression and fulfillment, which varies greatly among individuals and can be influenced by psychological, social, and biological factors.

Sex Therapist

A professional who specializes in treating sexual dysfunctions and enhancing sexual health and intimacy through therapy.