Kelso's Pharmacy Generates $2 in Sales for Every $1 the Firm

question 123

Multiple Choice

Kelso's Pharmacy generates $2 in sales for every $1 the firm has invested in total assets.Which one of the following ratios would reflect this relationship?

• A)Receivables turnover
• B)Equity multiplier
• C)Profit margin
• D)Return on assets
• E)Total asset turnover

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Definitions:

Leaders

Individuals who guide or direct groups or organizations by inspiring, influencing, and setting the path toward achieving goals.

Ethical Behavior

Conduct that reflects moral principles, including honesty, fairness, equity, and respect for others.

Role Models

Individuals admired for their behavior, qualities, or achievements, serving as examples for others to emulate, particularly in ethical contexts.

Coercive Leader

A leadership style characterized by imposing demands and enforcing compliance through threats and punishment.