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question 145

Multiple Choice

[The following information applies to the questions displayed below.]
Shown below are selected data from the financial statements of Noble Computers.(Dollar amounts are in millions,except for the per share data. )
Noble reported earnings per share for the year of $6 and paid cash dividends of $2.00 per share.At year-end,the Wall Street Journal listed Noble's capital stock as trading at $81 per share.
-Noble's return on assets was:

• A)2.6%
• B)21%.
• C)26%.
• D)37%.

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Definitions:

Strategic Leadership

A management style focused on developing and executing long-term objectives to achieve complex organizational goals.

Organizations

Entities composed of individuals working together towards common goals or objectives.

Shared Leadership

A leadership model where control and decision-making responsibilities are distributed among members of a team or organization.

Emergent

The process of arising or appearing unexpectedly, often describing processes or patterns that develop without a central, organizing principle.