Francesco Earned $3,000 Net Income for October

question 80

Multiple Choice

Francesco earned $3,000 net income for October.Its net revenues were $10,000.Its profit margin is:

• A) $7,000.
• B) 30%.
• C) 500%.
• D) 2%.
• E) 200%.

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Definitions:

Professional Selling

The practice of promoting and selling products or services in a way that adheres to high ethical standards and involves building long-term relationships with clients.

Long-term Relationships

Enduring connections between businesses or between businesses and clients, often characterized by trust, commitment, and mutual benefit.

Probing Questions

Questions designed to gather more information from a person, often to clarify details or explore deeper insights on a topic.

Sales Presentation

A structured pitch by a salesperson to persuade a potential buyer about the benefits and features of a product or service.