Above Are Portions of the Balance Sheet and Income Statement

question 106

Multiple Choice

Above are portions of the balance sheet and income statement for two companies in 2015.Based upon this information,which of the following statements is most likely to be TRUE?

• A)Asset turnover ratios indicate that firm A is generating greater revenue per dollar of assets than firm B.
• B)Fixed asset turnover ratios indicate that firm A generating fewer sales for the assets they employ than firm B.
• C)Both asset turnover ratios and fixed asset turnover ratios indicate that firm A is generating greater revenue per dollar of assets than firm B.
• D)Fixed asset turnover ratios indicate that firm A generating more sales for the assets they employ than firm B.
• E)Asset turnover ratios indicate that firm A is generating less revenue per dollar of assets than firm B.

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Definitions:

Nonverbal Communication

The process of conveying a message without the use of words, through gestures, facial expressions, and body language.

Selective Listening

The process where an individual consciously or subconsciously chooses to pay attention only to certain messages or parts of a conversation while ignoring others.

Cognitive Dissonance

The psychological discomfort experienced when holding two or more conflicting cognitions (ideas, beliefs, values, emotional reactions).

Horizontal Messages

Communication that occurs between colleagues or departments at the same level within an organization, facilitating coordination and collaboration.