Valdovinos Corporation Has Provided the Following Data The Company's Net Profit Margin Percentage Is Closest To:
A)38

question 236

Multiple Choice

Valdovinos Corporation has provided the following data: $$\begin{array} { | l | r | } \hline \text { Sales (all on account) } & \$ 1,150,000 \\\text { Gross margin } & \$ 440,000 \\\hline \text { Net operating income } & \$ 40,077 \\\hline \text { Net income before taxes } & \$ 23,077 \\\hline \text { Net income } & \$ 15,000 \\\hline\end{array}$$ The company's net profit margin percentage is closest to:

• A)38.3%
• B)3.5%
• C)1.3%
• D)2.0%

---

Definitions:

Sales-oriented

A business approach that prioritizes selling products and services as its primary objective, often focusing on high sales volume and short-term outcomes.

Great Depression

Refers to a severe worldwide economic downturn that took place during the 1930s, marked by widespread unemployment and financial hardship.

Marketing Mix

A model consisting of the four Ps (Product, Price, Place, Promotion) used to consider the key elements in marketing strategies and activities.

Exchange

The act of giving one thing and receiving another in return, especially pertaining to goods, services, or money in commercial transactions.