Hispanics are the most affluent of any demographic group and thus ...

[s.tung]

Hispanics are the most affluent of any demographic group and thus significant to the fashion industry.
 
  a. True
  b. False

Question 2

Use a skeletal statement format to calculate profit/loss percent, given:
  Gross sales 583,260
  Customer returns & allowances 32,662
  Gross margin 51.8
  Expenses 277,049
 
  a. Profit 1.48
  b. Loss 3.07
  c. Loss 1.37
  d. Profit 1.40

[diesoon]

Answer to Question 1

b
Asians are the most affluent.

Answer to Question 2

a. Profit 1.48

[s.tung]

Thanks for the timely response, appreciate it

[ryhom]

YES! Correct, THANKS for helping me on my review