What Is the ROA of a Firm with $150,000 in Average

question 23

Multiple Choice

What is the ROA of a firm with $150,000 in average receivables, which represents 60 days sales, average assets of $750,000, and a profit margin of 9%?

• A) 7.50%
• B) 9.00%
• C) 10.95%
• D)16.70%

---

Definitions:

Fiedler's Contingency Theory

A leadership theory proposing that effective leadership depends on a match between the leader's style of interacting with subordinates and the degree of control and influence in the situation.

Task Structure

The degree to which job and task roles are defined, organized, and executed within an organization, affecting clarity and efficiency.

Delegating Style

A management approach where authority and tasks are transferred to lower-level employees, promoting responsibility and decision-making at all levels.

Hersey-Blanchard

A situational leadership model proposing that effective leadership is dependent on the task readiness of the followers.