Profit Margins
Assessment
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Religious Studies
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9th - 11th Grade
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84 plays
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Medium
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10 questions
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1.
Multiple Choice
When revenues are higher than costs
When revenues equal costs
When revenues are less than costs
2.
Multiple Choice
Income from the sales of goods and services
Income from the cost of goods and services
The money made on products
Cash coming into the business from suppliers and customers
3.
Multiple Choice
How do you calculate Gross Profit Margin?
gross profit / sales (revenue) x 100
gross profit x sales (revenue) / 100
gross profit / sales (revenue) / 100
gross profit x sales (revenue) x 100
4.
Multiple Choice
How do you calculate Net Profit Margin?
net profit / sales (revenue) x 100
net profit x sales (revenue) / 100
net profit / sales (revenue) / 100
net profit x sales (revenue) x 100
5.
Multiple Choice
Suppose one year Company A’s REVENUE is 50k and its total EXPENDITURES are 25k making its profit margin ____?
0%
25%
50%
75%
100%
6.
Multiple Choice
How do you calculate revenue?
sales x price
price x cost
cost + sales
sales - total price
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