A Company Has a Profit Margin of 12

question 132

Multiple Choice

A company has a profit margin of 12%.If net income is equal to $450,000 and average total asset is equal to $600,500,how much are sales?

• A)$1,050,500
• B)$126,060
• C)$72,060
• D)$54,000
• E)$3,750,000

Identify criteria for determining whether a purchase is strategic.

Understand the various methods of purchase specification and their implications.

Appreciate the role of new technology in gaining competitive advantage and operational efficiency.

Recognize the importance of specifying quality standards in procurement.

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Definitions:

Binocular Depth Cues

Visual information taken in by two eyes that enable us to perceive depth and distance.

Monocular Depth Cues

These are visual information that can indicate distance and depth using just one eye, including texture gradient, interposition, and linear perspective.

Taste Preferences

The individual tendency to prefer certain flavors or types of food over others, often influenced by genetic, cultural, and experiential factors.

Social Processes

The patterns of interaction between individuals that structure the dynamics within communities, societies, or social groups, shaping social life and societal changes.