The Lumber Division
the Lumber Division of Home Innovations Company

question 49

Multiple Choice

The Lumber Division
The Lumber Division of Home Innovations Company reported the following results for a recent year
$\begin{array}{ll}\text {Sales } & \$ 8,000,000 \\\text {Expenses } & 6,250,000\\\\text { Total assets(1/1) } & 5,000.000\\\text { Total assets(12/31) } & 5,400.000\end{array}$


Refer to the Lumber Division
What was the asset turnover ratio of the Lumber Division?

• A)1.538
• B)2.97
• C)0.650
• D)1.20

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Definitions:

Member Satisfaction

The degree to which members of a group or organization feel happy and content with their participation and experiences within the group.

Team Performance

A measure of how effectively a group achieves its goals and objectives.

Task Conflict

A situation where there are disagreements among group members regarding the content and outcomes of the task being performed, often seen as beneficial for enhancing decision-making and problem-solving.

Process Conflict

Disagreements among team members about the logistics of task accomplishment, including the distribution of resources, procedures, and policies.