Karl and Grady Are Managers of Two Product Lines for Brewster

question 71

Essay

Karl and Grady are managers of two product lines for Brewster Company. One of them is a candidate for promotion based on performance. Using the data below, determine who had the better performance using performance measures such as net income, profit margin, and return on investment. Show your calculations and support your answer.
$\begin{array}{|l|l|c|c}\hline&\underline{\text { Karl }} & \underline{\text { Grady} }\\ \hline \text { Revenue................ } &\$412,000&\$4500,000\\\hline \text { Costs..................... } &380,000&411,000\\\hline \text { Average Assets......} &400,000&600,000\\\hline\end{array}$

---

Definitions:

Piaget

Jean Piaget was a Swiss psychologist known for his pioneering work in the study of child development and his theory of cognitive development that explains how children construct a mental model of the world.

Circular Reactions

Repetitive actions in early childhood development that allow infants to explore and learn about their environment.

Thinking

Thinking is the mental process involving reasoning, problem-solving, decision-making, and creativity, allowing individuals to process information, make sense of the world, and form judgements.

Object Permanence

The understanding that objects continue to exist even when they cannot be observed.