A Company Had Net Income of $43,000, Net Sales of $380,500

question 49

Multiple Choice

A company had net income of $43,000, net sales of $380,500, and average total assets of $220,000. Its profit margin and total asset turnover were, respectively:

• A) 11.3%; 1.73.
• B) 11.3%; 19.5.
• C) 1.7%; 19.5.
• D) 1.7%; 11.3.
• E) 19.5%; 11.3.

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Definitions:

Hypothalamus

A region of the brain responsible for hormone production and regulation of essential body functions.

Psychosomatic Illnesses

Disorders that involve both mind and body, where psychological stress can exacerbate or contribute to physical symptoms.

Voluntary Movements

Actions initiated and controlled by the conscious part of the brain, allowing skeletal muscles to perform tasks as desired.

Balance

Balance is the ability to maintain the body's center of mass over its base of support, a crucial aspect of all movements and essential for daily life.