A Company Has Net Sales of $752,000 and Cost of Goods

question 105

Multiple Choice

A company has net sales of $752,000 and cost of goods sold of $543,000.Its net income is $17,530.The company's gross margin and operating expenses,respectively,are:

• A)$209,000 and $191,470
• B)$191,470 and $209,000
• C)$525,470 and $227,000
• D)$227,000 and $525,470
• E)$734,000 and $191,470

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Definitions:

Communicate

The act of sharing or exchanging information, thoughts, or messages through speech, writing, or other mediums.

Ethical Decisions

Choices made based on moral principles and values, ensuring fairness, integrity, and respect for all affected parties.

Nonverbal Cues

Body language and other forms of communication without the use of words, such as facial expressions, gestures, and posture.

Empathy

The ability to understand and share the feelings of another person, putting oneself in their shoes.