If You Sell $2,500 Worth of Product, Pay COGS of $800

question 4

Multiple Choice

If you sell $2,500 worth of product, pay COGS of $800 and other variable costs of $360, what is your gross profit?

• A) $2,464
• B) $1,700
• C) $1,340
• D) $2,140

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Definitions:

Genetic

Relating to genes or heredity, often used to describe traits or conditions that are passed from parents to offspring through DNA.

Secondary Aging

The aging process that results from disease, lifestyle, and environmental factors, rather than genetic disposition.

Sleep Patterns

The habitual resting phases that include the duration, timing, and regularity of sleep.

Primary Aging

The gradual and inevitable process of bodily decline that occurs throughout life, unaffected by disease or environmental factors.