Jackson Plumbing Services earned $500 by completing a job for Smith Company. The $500 earned by Jackson Plumbing Services is its ________

A) revenue
B) equity
C) gain
D) debt

A

Business

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Sales for a firm are $500,000, cost of goods sold are $400,000, and interest expenses are $20,000. What is the gross profit margin?

A) 16.0% B) 20.0% C) 4.0% D) 25.0% E) 30.0%

Business

________ exports can be caused by a(n) ________ currency, which can cause slower growth

A) Decreasing; appreciating B) Decreasing; depreciating C) Increasing; appreciating D) Increasing; depreciating

Business