NBC Company Had $32,000 in Net Sales, $15,000 in Cost

question 105

Multiple Choice

NBC Company had $32,000 in net sales, $15,000 in cost of merchandise sold, $18,000 in operating expenses, and $2,000 in other income. What is NBC Company's gross profit?

• A) $17,000
• B) $3,000
• C) $1,000
• D) $(1,000)

---

Definitions:

Judgments of Responsibility

The process of evaluating the extent to which a person or entity is accountable for an action or outcome.

Hiring Likelihood

Hiring likelihood is a term used to describe the probability or chance that a job applicant will be offered a position.

Work Experience

The accumulation of job-related skills and knowledge gained through paid or unpaid positions held over time.

Gender of Applicant

A variable or characteristic referring to whether an applicant identifies as male, female, or another gender, in contexts such as job applications.