The Following Data Represent Selected Information from the Comparative Income

question 86

Multiple Choice

The following data represent selected information from the comparative income statement and balance sheet for Duenke Company for the years ended December 31, 2009 and 2008: * 10,000 shares of common stock have been issued and outstanding since the company was established. They had a market value of $90 per share on December 31, 2008, and they were selling for $91.50 on December 31, 2009.
For the year ending on December 31, 2008, Duenke Company's rate of return on net sales was:

• A)0.19.
• B)0.21.
• C)0.18.
• D)0.17.

---

Definitions:

Commercial Cleaning Business

A venture that provides cleaning services to commercial properties and establishments such as offices, schools, and hospitals.

Orientation

The process of introducing new employees to their job, colleagues, and the organization's culture and policies.

Socialization Process

The procedure through which individuals learn the norms, values, and practices of society or a particular group.

Division of Labor

The allocation of different tasks to different people or groups in an organization or production process.