The Amos Corporation Reported the Following Income Statement and Balance

question 26

Multiple Choice

The Amos Corporation reported the following income statement and balance sheet amounts and additional information for the end of the current year. Inventory and prepaid expenses account for $30,000 of the current year's current assets.
Average inventory for the current year is $36,250.
Average net accounts receivable for the current year is $45,000.
There are 35,000 shares of common stock outstanding.
Total dividends paid during the current year were $17,000.
The market price per share of common stock is $20.
What is the rate of return on net sales for the current year?

• A)0)19
• B)0)28
• C)0)12
• D)8)21

Understand how training and development can address specific employee needs.

Acknowledge the role of organizational culture in the recruitment and socialization process.

Assess the effectiveness and suitability of using coworkers as trainers.

Understand the use and importance of needs analysis and surveys in identifying training requirements and evaluating training outcomes.

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Definitions:

L-Valine

An essential amino acid used in the biosynthesis of proteins, distinguished by its branched-chain structure.

pH

A numerical scale used to specify the acidity or alkalinity of an aqueous solution, ranging from 0 (very acidic) to 14 (very basic).

Fischer Projection

A two-dimensional representation of a three-dimensional organic molecule by projection onto a plane, used to depict configurations around chiral centers.

L-Glutamic Acid

An amino acid used in protein synthesis and is important in cellular metabolism, neurotransmission, and as a flavor enhancer in food.