Noble Corporation Had Sales of $3,000,000 and Operating Income of $500,000.Noble

question 59

Multiple Choice

Noble Corporation had sales of $3,000,000 and operating income of $500,000.Noble also had $900,000 of assets on January 1 and $800,000 on December 31.What is the corporation's ROI for the year?

• A) 26.7%
• B) 35.3%
• C) 58.8%
• D) 59.9%

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Definitions:

Members

Individuals who are part of a group, organization, or community and often share common interests or goals.

Team Productivity

The efficiency and effectiveness with which a group of individuals work together to achieve common goals, often measured by output or results.

Team Cohesiveness

The extent to which team members stick together and remain united in their pursuit of common goals.

Performance Norms

Unwritten rules or expectations within a group regarding acceptable levels of productivity and behavior.