Assuming a discount rate of 10%, the present value of $1,000 received one year from now is

Health Resources expects to sell 490 units of Product A and 420 units of Product B each day at an average price of $16 for Product A and $27 for Product B The expected cost for Product A is 41% of its selling price and the expected cost for Product B is 63% of its selling price. Health Resources has no beginning inventory, but it wants to have a four-day supply of ending inventory for each product. Compute the company's budgeted sales for the next (seven-day) week. (Round the answer to the nearest dollar.)

A) $10,359 B) $76,720 C) $134,260 D) $19,180

Net sales less cost of goods sold equals:

A) Gross profit B) Net income C) Gross profit percentage D) Net profit margin