Breton Corporation's Longboat Division's Segment Margin as a Percentage of Net

question 169

Multiple Choice

Breton Corporation's Longboat division's segment margin as a percentage of net sales is 12% for the current reporting period.The division has net sales revenue of $2,500,000.Operating assets were $800,000 at the beginning of the period and $1,200,000 at the end.What is the division's asset turnover?

• A) 2.08
• B) 2.8
• C) 2.5
• D) 3.13

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Definitions:

LMX Relationships

Leader-Member Exchange theory, which focuses on the individual relationships between managers and members of their team, and its impact on performance.

Productive

The effectiveness and efficiency in generating outcomes or results.

Norm Of Reciprocity

A social rule that suggests people should return favors and positive gestures with similar actions, fostering mutual cooperation and support.

Interest

The feeling of wanting to know or learn about something or someone.