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%

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Definitions:

Masseter

A facial muscle that plays a major role in the chewing process by elevating the mandible (jawbone).

Zygomaticus Major

A facial muscle that draws the angle of the mouth upward and outward, primarily involved in smiling.

Crow's Feet

Fine lines or wrinkles that form around the outer corners of the eyes, often associated with aging or frequent exposure to sunlight.

Connective Tissue

A type of tissue within the body that supports, binds together or separates other tissues and organs, varying in density and function.