Ramone Company Had $600,000 in Net Sales for the Year

question 112

Multiple Choice

Ramone Company had $600,000 in Net Sales for the year 2011. The total assets at the beginning of the year were $240,000 and total assets at the end of the year were $280,000. The ratio of net sales to total assets is (round answer to 2 decimal places) :

• A) 2.31
• B) 1.15
• C) .43
• D) .87

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Definitions:

Boundary-management Behavior

The actions taken by individuals or groups to manage and maintain the distinction between different roles, tasks, or work and personal life.

Organization-focused Behavior

Actions and attitudes of individuals within an organization that are primarily directed toward supporting organizational goals and success.

Relating

The process of making connections or establishing relationships between people, enabling effective communication and understanding.

Social Capital

The networks of relationships among people who live and work in a particular society, enabling that society to function effectively.