Which of the Following Is Calculated by Dividing Net Sales

question 49

Multiple Choice

Which of the following is calculated by dividing net sales by average total assets?

• A) Net profit margin.
• B) Return on equity.
• C) Asset turnover ratio.
• D) Current ratio.

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Definitions:

Foot-In-The-Door Phenomenon

A compliance tactic that involves getting a person to agree to a large request by first setting them up by having that person agree to a modest request.

Cognitive Dissonance

The mental discomfort experienced when holding two or more contradictory beliefs, values, or ideas simultaneously.

Attitudes

Psychological tendencies expressed by evaluating particular entities with some degree of favor or disfavor.

Role-Playing

A method of learning or therapy involving acting out roles in particular situations, often used to improve skills or behaviors.