Based on the Following Information for Montana Investments,Inc

question 153

Multiple Choice

Based on the following information for Montana Investments,Inc. ,compute the rate of return on total assets.(Round the percentage to two decimal places. )

• A)9)42%
• B)19.41%
• C)9)71%
• D)1)76%

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Definitions:

Resource Allocator

A role typically assumed by managers or leaders, involving the responsibility of distributing and managing resources within an organization efficiently.

Contingency Approach

The Contingency Approach refers to a management theory that suggests the best way to manage an organization depends on, and is contingent upon, the internal and external situation.

Managerial Activities

Tasks and responsibilities undertaken by managers to plan, organize, lead, and control the operations of an organization.

Networking

The practice of building, maintaining, and utilizing relationships, especially for professional or business purposes.