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:

Anthropodenial

The refusal to acknowledge the human-like traits or behaviors of non-human animals, often stemming from a desire to maintain a perceived distinction between humans and other animals.

Anthropomorphism

Anthropomorphism is the attribution of human traits, emotions, or intentions to non-human entities, including animals, natural phenomena, or objects.

Stereotype Threat

The risk of confirming negative stereotypes about one's group, which can hinder performance in various domains.

Tacit Knowledge

Refers to the skills, ideas, and experiences that people have but are not codified and may not necessarily be easily expressed or shared with others.