The Following Information Pertains to Max Corporation What Is the Gross Profit Margin Earned by the Company

question 58

Multiple Choice

The following information pertains to Max Corporation: $$\begin{array} { l r } \text { Beginuning work-in-process inventory } & \$ 20,000 \\\text { Ending work-int-process inventory } & 23,000 \\\text { Beginuning finished goods inventory } & 36,000 \\\text { Ending finished goods inventory } & 34,000 \\\text { Cost of goods manufactured } & 246,000 \\\text { Sales } & 300,000\end{array}$$ What is the gross profit margin earned by the company?

• A) $52,000
• B) $50,000
• C) $48,500
• D) $53,500

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Definitions:

Brand

A unique design, sign, symbol, or combination thereof that identifies and differentiates a product or company from its competitors.

Yield Ratios

Metrics used in recruitment to evaluate the efficiency of different stages of the hiring process, from the number of applicants to the number of hires.

Recruitment Sources

Channels or means through which potential job candidates can be found, including job boards, social media, recruitment agencies, and networking events.

Internet Recruiting

The process of sourcing, attracting, and hiring candidates for job positions through the internet, using platforms such as job boards, social media, and company websites.