Nike's Net Income Was $780,000; Its Net Assets Were $5,200,000;

question 190

Short Answer

Nike's net income was $780,000; its net assets were $5,200,000; and its net sales were $9,000,000.Calculate its profit margin ratio.

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Definitions:

Operant Conditioning

A learning process in which the strength of a behavior is modified by its consequences, such as reward or punishment.

Extinction

Within the field of psychology, a conditioned response gradually fades and ultimately vanishes.

Unconditioned Stimulus

Within the framework of classical conditioning, a stimulus inherently and spontaneously elicits a reaction without the necessity of prior learning.

Negative Punishment

A form of behavioral control that involves the removal of a desirable stimulus following a behavior to decrease the likelihood of that behavior occurring again.