Brimmel Corp

question 46

Multiple Choice

Brimmel Corp.has provided the following information: Sales were $780,000;
Cost of goods sold was $429,000;
Net income was $195,000.
What was Brimmel's gross profit percentage?

• A)55%
• B)45%
• C)62%
• D)222%

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Definitions:

Case Study Method

A research approach that involves the intensive analysis of an individual unit (such as a person or a group) to explore and understand complex issues.

Generalizable

The characteristic of research findings or statistical outcomes that can be applied to broader populations beyond the sample studied.

Generalizability

The extent to which findings or conclusions from a study can be applied to broader populations, settings, or situations outside the original conditions of research.

Personality Research

The scientific study of individual differences in behavior, emotion, and cognition.