If a company's annual revenue is $4 million and their annual costs of goods sold are $2.5 million, then their annual gross profit margin, as measured as a % of revenue, is which of the following:

Question 7 options:

	37.5%
	100%
	50%
	Zero

Question 8 (1 point)

If a company's annual revenue is $4 million and their annual costs of goods sold are $2.5 million, then their annual amount of gross profit dollars equals which of the following?

Question 8 options:

	Zero
	$4 million
	$2.5 million
	$1.5 million