Author Question: Ruin Company's net sales for the period were 175,000. Its cost of goods sold was 85,000. What is ... (Read 112 times)

fox · **on:** Jul 14, 2018

Ruin Company's net sales for the period were 175,000. Its cost of goods sold was 85,000. What is this firm's gross profit on sales?
A) 175,000
B) 135,000
C) 125,000
D) 100,000
E) 90,000

Question 2

A firm characterized by lifetime employment, collective decision making, collective responsibility, slow evaluation and promotion, implied control, nonspecialized career paths, and a holistic concern for employees is called
A) type A.
B) type Z.
C) type J.
D) type X.
E) type Y.