A Merchandiser Will Earn an Operating Income of Exactly $0

question 131

Multiple Choice

A merchandiser will earn an operating income of exactly $0 when

• A)gross margin equals operating expenses.
• B)net sales equals cost of goods sold.
• C)cost of goods sold equals gross margin.
• D)operating expenses equal net sales

---

Definitions:

Hungarian Protest

Refers to various demonstrations or rebellions by the Hungarian people historically, often against government policies or foreign influence.

Discriminatory Policies

Practices or laws that unfairly discriminate against individuals or groups based on race, gender, age, nationality, religion, or other characteristics, leading to unequal treatment or opportunities.

Soviet Control

The political, military, and economic domination by the Soviet Union over various countries, particularly in Eastern Europe, during the Cold War.

Suez Crisis

The Suez Crisis was a diplomatic and military confrontation in late 1956 involving Egypt, Israel, France, and the United Kingdom, centered around the control of the Suez Canal, a key waterway for international trade.