Nerf Mania Reports Net Income of $500,000,net Sales of $4,000,000,and

question 10

Multiple Choice

Nerf Mania reports net income of $500,000,net sales of $4,000,000,and average assets of $2,000,000.The profit margin is:

• A)12.5%.
• B)25%.
• C)50%.
• D)8 times.

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Definitions:

Muscle Contraction

The shortening and/or development of tension within a muscle, allowing for movement and force generation.

Blood Clotting

The process by which blood changes from a liquid to a gel, forming a clot to stop bleeding.

Nerve Impulse

An electrical signal that travels along the nerve fiber, enabling communication between neurons or between neurons and muscles.

Intracellular Enzymes

Enzymes that operate within cells, facilitating biochemical reactions necessary for cellular metabolism and processes.