If net income after tax was $10,000, interest expense was $4,000, and taxes were $1,000, what is the net profit margin if sales were $50,000?

A) 10%
B) 30%
C) 22%
D) 28%
E) 20%

E

Business

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Compute the simple interest earned on a 1-year $200 deposit that earns 6% per year

A) $6 B) $60 C) $120 D) $12 E) $200

Business

Which of the following is an example of amplification effect of information systems?

A) Information stored on the Internet can be hacked and stolen by anyone, irrespective of their geographic location. B) Data on email services can be hacked leading to privacy breaches and exposing of private communication. C) Information on a person's social networking account can easily be distributed to an unintended audience. D) Data from email or photo uploads to the Internet can be secured by choosing the appropriate privacy settings.

Business