Determine the Dollar Amount of Revenues for a Venture with the Following

question 75

Multiple Choice

Determine the dollar amount of revenues for a venture with the following financial information: net profit = $60,000; assets turnover = 1.5 times; and return on assets 30%.

• A)$300,000
• B)$500,000
• C)$800,000
• D)$1,200,000

---

Definitions:

Coordination Problems

Challenges that arise in aligning tasks, activities, or efforts among different individuals or departments.

Network Structures

The configuration of connections and relationships among elements or members within a system, organization, or social group, influencing information flow and dynamics.

Central Business Core

The primary area within a city where commercial, cultural, and government activities are concentrated, often referred to as the downtown area.

Outside Contractors

Third-party individuals or companies hired to perform specific tasks or services that are not handled by the organization's internal staff.