The difference between sales and cost of goods sold is called:

A) net income.
B) gross profit.
C) contribution margin.
D) finished goods inventory.


B

Business

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Classification organizes data or information into predefined groups.

Answer the following statement true (T) or false (F)

Business

A businessperson can take some comfort when faced with an ethical dilemma by talking openly about it with management because ethical decisions will always withstand scrutiny.

Answer the following statement true (T) or false (F)

Business

Describe right-to-work laws.

What will be an ideal response?

Business

If the standard error of the sampling distribution of the sample proportion is 0.02049 for samples of size 500, then the population proportion must be either:

A) 0.2 or 0.8 B) 0.5 or 0.5 C) 0.3 or 0.7 D) 0.6 or 0.4

Business