ROAM (Return on Assets Managed) Equals

question 15

Multiple Choice

ROAM (return on assets managed) equals:

• A) Inventory turnover times the net profit
• B) Accounts receivable plus inventories plus fixed assets divided by the contribution margin
• C) Contribution as a percentage of sales times the asset turnover rate
• D) The liquidity ratio divided by the turnover ratio
• E) Number of salespeople divided by the number of sales each made

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Definitions:

Categories

Mental groupings of people, objects, events, or ideas that share common characteristics, allowing the brain to organize information efficiently.

Attitudes

Psychological tendencies expressed by evaluating an entity with some degree of favor or disfavor, influenced by experiences, beliefs, and behaviors.

Feelings

Emotional states or reactions that are subjective and experienced internally, influenced by personal perceptions, thoughts, and experiences.

Cognitive Dissonance

The psychological discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time, leading to tension and the motivation to reduce the dissonance by changing beliefs or behaviors.