THN Corporation Reported Operating Income of $30,000, Revenue of $50,000

question 2

Multiple Choice

THN Corporation reported operating income of $30,000, revenue of $50,000, and average operating assets of $40,000 for a recent year. Which of the following is true?

• A)THN has an adequate return on investment
• B)THN's return on sales was 1.67
• C)THN's return on investment was 75%
• D)THN's return on sales was 80%

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Definitions:

Change Competency

The capability of individuals or organizations to effectively manage and adapt to changes within their environment or within themselves.

Awesome Products

Exceptionally good or impressive products that exceed expectations in terms of utility, design, and quality.

Contingency Models

Theoretical frameworks suggesting that the effectiveness of leadership depends on the context or situation at hand.

Leadership Models

Theoretical frameworks that describe, explain, and prescribe how leaders can effectively guide and influence others.