Mozart, Inc

question 53

Multiple Choice

Mozart, Inc. has net sales of $1,000,000, net income of $68,000, average current assets of $39,000, average fixed assets of $167,000, and average total assets of $207,000. Mozart, Inc.'s return on assets is: (Round your final answer to the nearest percentage.)

• A)41%.
• B)174%.
• C)7%.
• D)33%.

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Definitions:

Low Directive

involves leadership styles that offer less guidance and control, allowing more autonomy and self-direction in team or individual activities.

Low Supportive

Describes a style or approach that provides minimal encouragement or assistance.

Regression

A statistical method used for estimating the relationships among variables, often used to predict the value of a dependent variable based on the value of one or more independent variables.

Commitment

The psychological state or quality of being dedicated to a cause, activity, or job; wholehearted devotion.