During the current year, Acme Company reports a cost of good…

During the current year, Acme Company reports a cost of goods sold of $300,000, a gross margin percentage of 40%, average stockholders’ equity of $250,000, and a return on equity of 42%. What is Acme’s net profit margin percentage? Round to the nearest whole number and do not enter a percent sign or a decimal point (e.g., enter 89, not 89.0% or 0.89).

This question assesses your understanding of passing objects…

This question assesses your understanding of passing objects into functions and running a class method. What will be the output from the code below? Please pay close attention to the calculations.   class VideoGame:    def __init__(self, name, price):        self.name = name        self.price = price    def update_price(self, discount):        self.price = self.price * (1 – discount)def apply_discount(game, discount):    game.price = game.price – discountgame1 = VideoGame(“The Last Adventure”, 60)apply_discount(game1, 10)game1.update_price(0.5)print(game1.price)

This question evaluates your understanding of accessing an a…

This question evaluates your understanding of accessing an attribute of an object stored in a dictionary. class Movie:    def __init__(self, title, director, price):        self.title = title        self.director = director       self.price = pricemovie1 = Movie(“Inception”, “Christopher Nolan”, 12.99)movie2 = Movie(“To Kill a Mockingbird”, “Harper Lee”, 9.99)movie_catalog = {}movie_catalog[101] = movie1 movie_catalog[102] = movie2 Please write one line of code to access the director Harper Lee from the movie_catalog dictionary.