A Company Earned $3,000 in Net Income for October

question 46

Multiple Choice

A company earned $3,000 in net income for October. Its net sales for October were $10,000. Its profit margin is:

• A) 333%.
• B) 33%.
• C) 33.3%
• D) 3%.
• E) 30%.

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Definitions:

Toxic Leaders

Individuals in leadership positions who engage in destructive behaviors, negatively affecting the well-being of their subordinates and the organization's culture.

The Allure Of

Generally refers to the attractive or compelling quality of something that draws interest or attention.

Jean Lipman-Blumen

A scholar known for her research in leadership, particularly in crisis leadership and the theory of toxic leadership.

Boarding School

An educational institution where students live on premises during the school term, providing a unique environment for both academic and personal development.