Mercer,Inc $$\begin{array} { | l | r | } \hline \text { Net Sales Revenue } & 598,000 \\\hline \text { Cost of Goods Sold } & 360,000 \\\hline\end{array}$$

question 108

Multiple Choice

Mercer,Inc.provides the following data for 2019: $$\begin{array} { | l | r | } \hline \text { Net Sales Revenue } & 598,000 \\\hline \text { Cost of Goods Sold } & 360,000 \\\hline\end{array}$$ The gross profit as a percentage of net sales is ________.(Round your answer to two decimal places.)

• A) 37.96%
• B) 39.80%
• C) 60.20%
• D) 40.8%

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Definitions:

Valence

In motivation theory, the value an individual places on the expected outcome of a particular course of action.

Employee Turnover

The rate at which employees leave a company and are replaced by new employees over a certain period.

Job Satisfaction

The level of contentment employees feel towards their jobs, influenced by factors such as work environment, compensation, and job duties.

Job Effort

The amount of physical or mental exertion required to perform the duties associated with a particular job.