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    Essentials of Contemporary Management Study Set 3
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    Exam 11: Managing Control and Operations
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    Given the Information Below,determine This Organization's Gross Profit Margin: Net
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Given the Information Below,determine This Organization's Gross Profit Margin: Net

Question 8

Question 8

Multiple Choice

Given the information below,determine this organization's gross profit margin: Net Sales Revenue $300,000
Cost of Goods Sold $150,000
Net Profit $20,000
Total Assets $250,00


A) 15%
B) 20%
C) 50%
D) 30%
E) 40%

Correct Answer:

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