The Records of Milwaukee Sprinkler Systems Report Net Sales of $520,000,net

question 118

Multiple Choice

The records of Milwaukee Sprinkler Systems report net sales of $520,000,net income of $130,000 and average total assets of $360,000.Using DuPont analysis,calculate the two ratios used for return on assets.(Round your final answer to two decimal places. )

• A)Net profit margin ratio is 2.77;Total asset turnover is 25%.
• B)Net profit margin ratio is 25%;Total asset turnover is 1.44.
• C)Net profit margin ratio is 36%;Total asset turnover is 4.00.
• D)Net profit margin ratio is 2.50;Total asset turnover is 36%.

Identify the benefits and drawbacks of group-oriented vs. individual-oriented pay plans.

Learn how skill-based pay systems function and their impact on training costs.

Recognize the role of gain-sharing and profit-sharing in enhancing employee motivation and performance.

Acknowledge the effectiveness of team-based financial incentives on various organizational outcomes.

---

Definitions:

Cash Transfer Program

Government programs that provide money directly to individuals or families to reduce poverty and support economic stability.

State Governments

The governing bodies of individual states within a federal system, responsible for executing state laws and managing state government functions.

SNAP Program

The Supplemental Nutrition Assistance Program, a federal aid program providing food-purchasing assistance for low- and no-income people living in the U.S.

Administrative Costs

Administrative Costs are expenses related to the general operations of a business or organization, including salaries of non-production employees, rent, utilities, and office supplies.