A Company Has a Profit Margin of 8

question 178

Multiple Choice

A company has a profit margin of 8%.If net income is equal to $40,000 and average total assets is equal to $332,500,how much are net sales?

• A)$3,200
• B)$500,000
• C)$26,600
• D)$4,156,250
• E)$372,500

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Definitions:

Western Beauty Standards

Aesthetic norms and ideals, often propagated by media and culture, emphasizing particular body types, facial features, and styles rooted in Western societies.

Gerrymandering

Redrawing the boundary lines of state voting districts in order to advantage one political party over another.

Voting District

A geographical sector within a larger area, allocated for the purpose of political elections where residents cast their votes.

Social Change

The transformation over time of cultural norms, values, institutions, and structures within a society.