Refer to the Following Information to Answer the Question(s) Regarding

question 62

Multiple Choice

Refer to the following information to answer the question(s) regarding Port Royal:
Net sales $927,641
Gross profit $301,483
Net profit $48,457
Total assets $203,869
Total liabilities $74,325
-Port Royal's profit margin on sales is:

• A) 5.2 percent.
• B) 32.5 percent.
• C) 16.1 percent.
• D) 8.0 percent.

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Definitions:

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

Afro-Caribbeans

People of African descent living in the Caribbean islands, whose ancestors were primarily brought to the region through the transatlantic slave trade.

African Immigrants

Individuals from Africa who have migrated to other countries around the world, contributing to the cultural, economic, and social diversity of their new communities.

African Americans

An ethnic group in the United States with total or partial ancestry from any of the black racial groups of Africa.