Fatigue, rest, or unavoidable delays are not factored into a work standard by the performance rating factor

Coleman, Inc. provides the following data from its income statement for 2017

Net Sales $500,000 Cost of Goods Sold (200,000 ) Gross Profit $300,000 Calculate the gross profit percentage. (Round your answer to two decimal places.) A) 150.00% B) 60.00% C) 100.00% D) 40.00%

The 80-20 rule reflects the idea that ________

A) 20% of the company's profits are generated by the top 80% of customers B) the top 20% of customers are highly satisfied and 80% of customers will recommend the company to a friend C) 20% of customers are unprofitable, and 80% make up a company's profits D) the top 20% of customers often generate 80% of the company's profits E) any new product will be accepted by 20% of the customers immediately, but 80% of the customers will be up for grabs throughout the product's life cycle