A Company Had Net Income of $43,000, Net Sales of $380,500

question 49

Multiple Choice

A company had net income of $43,000, net sales of $380,500, and average total assets of $220,000. Its profit margin and total asset turnover were, respectively:

• A) 11.3%; 1.73.
• B) 11.3%; 19.5.
• C) 1.7%; 19.5.
• D) 1.7%; 11.3.
• E) 19.5%; 11.3.

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Definitions:

Communication Barrier

Obstacles that impede the flow of information between communicators, potentially leading to misinterpretation or loss of message.

Emotions

Complex psychological states involving physiological changes, feelings, and behaviors in response to stimuli.

Critical Feedback

Constructive criticism or evaluative information provided to an individual or group with the aim of improving performance or behavior.

Interpersonal Conflict

A situation where two or more individuals with differing viewpoints, interests, or goals experience discord.