VCW Enterprises manufactures small electronics and plans to start selling warranty services in the near future.VCW's financial performance will most likely increase dramatically once VCW earns at least ________ of its sales from services.
A) 5%
B) 20%
C) 40%
D) 55%
E) 70%

Question

Quizplus · Accepted Answer

According to research, when a company earns at least 20% or more of its sales from services, their financial performance is likely to increase significantly. Therefore, option B is the best choice.

VCW Enterprises Manufactures Small Electronics and Plans to Start Selling