The Following Information Is Available for Hatter Co From the Information Provided, Calculate Hatter's Profit Margin Ratio for |

question 107

Essay

The following information is available for Hatter Co.
$$\begin{array} { | l | l | l | l | } \hline & 2017 & 2016 & 2015 \\\hline \text { Net in come } & 2,500 & 1,700 & 1,900 \\\hline \text { Net sales } & 37,000 & 35,000 & 32,000 \\\hline \text { Total asststs } & 420,000 & 395,000 & 375,000 \\\hline\end{array}$$ From the information provided, calculate Hatter's profit margin ratio for each of the three years. In 2016, economic conditions and a slowing economy impacted the results of operations. Comment on the results, assuming that the industry average for the profit margin ratio is 7% for each of the three years.

Recognize specific types of empowering decision procedures and their significance.

Insight into the focus of early leadership theory and research.

Grasp the concept of task-oriented behavior and its focus on efficiency and reliability.

Understand the inclusion of additional behaviors, such as decision-making procedures in empowering leadership.