Comparative Calendar Year Financial Data for a Company Are Shown

question 28

Essay

Comparative calendar year financial data for a company are shown below:
$\begin{array}{|l|r|r|}\hline \text { Sales } & \$ 720,000 & \$ 607,500 \\\hline \text { Gross profit } & 270,000 & 224,800 \\\hline \text { Income before taxes } & 79,200 & 78,700 \\\hline \text { Net income } & 51,200 & 51,700 \\\hline\\\hline &\text { December 31, } & \text { December 31, } \\&2011 & 2010 \\\hline \text { Liabilities } & \$ 493,500 & \$ 452,500 \\\hline \text { Common stock }(\$ 12 \text { par }) & 180,000 & 180,000 \\\hline \text { Contributed capital in excess of par } & 135,000 & 135,000 \\\hline \text { Retained earnings } & \underline{204,000} & \underline{177,300} \\\hline \text { Total liabilities and equity } & \$ 1.012,500 & \$ 944,800\\\hline\end{array}$
Calculate:
(1)Return on total assets for 2011.
(2)Return on common stockholders' equity for 2011.

Evaluate the relationship between team performance and cohesion through experimental studies.

Recognize the contribution of collective efficacy to group performance and cohesion.

Understand the relationship between group rituals and team cohesion.

Grasp the importance of conflict stages in group success.

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Definitions:

Sociological Imagination

The ability to see the relationship between individual experiences and larger social influences.

Social Solidarity

The bond of unity and mutual support among members of a society, stemming from shared values, beliefs, and interests.

Dialectical Socialism

A philosophy that applies the dialectic method to socialism, suggesting societal change comes from the conflict between opposing forces, aiming for a classless society.

Global Structures

Patterns of social relations that lie outside and above the national level. They include international organizations, patterns of worldwide travel and communication, and the economic relations between countries.