Assume the Following Data: EBIT = 400; Tax = 100;

question 51

Multiple Choice

Assume the following data: EBIT = 400; Tax = 100; Sales = 3,000; Average total assets = 1,500. Calculate the profit margin.

• A)10.0 percent
• B)18.3 percent
• C)7.5 percent
• D)26.7 percent

---

Definitions:

Decision-Making Effectiveness

this defines how well a person or group can make choices that lead to the desired outcome efficiently and effectively.

Group-To-Individual Transfer

The process by which knowledge, skills, or attitudes developed within a group setting are adopted by individual members.

Plurality

Refers to the condition when no candidate or proposition in an election receives a majority of the votes, but one receives more than any other.

Groupthink

A psychological phenomenon where the desire for harmony or conformity in a group results in an irrational or dysfunctional decision-making outcome.