Art Supplies Has a Net Income of $148,500

question 51

Multiple Choice

Art Supplies has a net income of $148,500. The firm has $1.15 million in assets and $450,000 in liabilities. What is the return on equity?

• A) 13.87 percent
• B) 15.09 percent
• C) 16.44 percent
• D) 18.06 percent
• E) 21.21 percent

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Definitions:

Analyzability

The extent to which organizational tasks can be understood and broken down into clear steps or procedures.

Network Structure

The pattern of connections or relationships between elements or individuals within a system, often analyzed in social or organizational contexts.

Organizational Structure

The way in which an organization arranges its lines of authority, communications, duties, and resources.

Divisionalized Structure

An organizational framework where operations are segregated into semi-autonomous divisions, each focusing on a specific product line or market segment.