Division X Reported Income from Operations of $975,000 and Total

question 110

Multiple Choice

Division X reported income from operations of $975,000 and total service department charges of $575,000. Therefore:

• A) net income was $400,000
• B) the gross profit margin was $400,000
• C) income from operations before service department charges was $1,550,000
• D) consolidated net income was $400,000

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Definitions:

Phenotypes

The observable physical or biochemical characteristics of an organism, as determined by both genetic makeup and environmental influences.

Dominant Allele

Allele that exerts its phenotypic effect in the heterozygote; it masks the expression of the recessive allele.

Gene Locus

The specific fixed position on a chromosome where a particular gene or genetic marker is located, essential in genetics for identifying gene variations.

Tongue Rolling

The ability to roll the tongue into a U-shape, considered to be a genetic trait.