Based on the Information in Table B-2, and Given That

question 39

Multiple Choice

Based on the information in Table B-2, and given that the gross margin percent is 25%, what is the cost of sales?

• A) $75,000.
• B) $150,000.
• C) $55,000.
• D) $12,500.
• E) $50,000.

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Definitions:

Magnetic Tape

A secondary storage medium on a large open reel or in a smaller cartridge or cassette.

Cache Memory

A type of high-speed memory that enables the computer to temporarily store blocks of data that are used more often and that a processor can access more rapidly than main memory (RAM).

Thin Clients

Computing devices that operate in a server-based network without requiring many local resources, relying on the central server for processing activities.

Fat Clients

Computers that offer full functionality without having to connect to a network.