Nu Company Reported the Following Data for Its First Year

question 49

Multiple Choice

Nu Company reported the following data for its first year of operations:
What is Nu's gross profit ratio?

• A)80%.
• B)49%.
• C)40%.
• D)5%.

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Definitions:

Commodity Manager

A professional responsible for procuring raw materials, goods, or services in a specific commodity area, often focusing on strategy, supplier selection, and price negotiation.

Reshoring

The practice of bringing manufacturing and production back to a company's original country from overseas to improve control and reduce costs.

Global Sourcing

The practice of sourcing goods and services from the global market, exploiting global efficiencies in the cost and quality of products and services.

Buy America

A set of legal requirements in the United States that mandates the use of American-made products in various construction projects financed by federal funds.