The Following Information Pertains to Unique Company

question 37

Multiple Choice

The following information pertains to Unique Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. What is the return on assets for this company?

• A) 8.3%
• B) 10.0%
• C) 11.9%
• D) 16.7%

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Definitions:

Foot-In-The-Door Effect

An increase in compliance likelihood for a large request if a smaller request is agreed to first, reinforcing the concept of gradual commitment.

Social Facilitation Hypothesis

A theory suggesting that the presence of others can improve one's performance on tasks, especially those that are simple or well-learned.

Door-In-The-Face Effect

A compliance technique where a larger, unreasonable request is made first, followed by a smaller, more reasonable request that is the actual goal.

Conformity Hypothesis

A theory suggesting that individuals adjust their attitudes, beliefs, or behaviors to align with the norms of a group, often in response to real or imagined group pressure.