A Company Has Annual Sales of $160 Million, a Net

question 62

Multiple Choice

A company has annual sales of $160 million, a net profit margin of 4%, and total assets of $90 million. It carries $10 million in accounts receivable, $25 million in inventory, has $55 million in total debt, and 5 million shares of common stock outstanding. Based on this information, the company's return on equity (ROE) is

• A) 4.4%.
• B) 11.5%.
• C) 18.3%.
• D) 7.1%.

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Definitions:

Humane-Oriented Values

Ethical principles emphasizing compassion, altruism, and concern for the well-being of others, typically guiding behavior in social and organizational contexts.

GLOBE Model

The GLOBE Model is a research framework that examines cross-cultural leadership and organizational behavior, focusing on societal culture's impact on work dynamics.

Direct Instructions

A teaching method that is structured, sequenced, and led by teachers involving explicit teaching and immediate feedback.

Performance-Oriented Values

Cultural or organizational values that prioritize achievement, success, and effectiveness in tasks and outcomes.