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Last Year Mason Inc

question 72

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Last year Mason Inc.had a total assets turnover of 1.33 and an equity multiplier of 1.75.Its sales were $195,000 and its net income was $10,549.The CFO believes that the company could have operated more efficiently, lowered its costs, and increased its net income by $5,250 without changing its sales, assets, or capital structure.Had it cut costs and increased its net income in this amount, by how much would the ROE have changed?

Understand the significance of behavioral and classical decision theories to organizational decision-making.
Identify the stages and models of the decision-making process and their application in real-world situations.
Recognize the impact of cognitive limitations and heuristics on decision-making.
Grasp the concept of risk management and its importance in the decision-making process.

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