Shown Below Are Selected Data from the Financial Statements of Noble

question 46

Multiple Choice

Shown below are selected data from the financial statements of Noble Computers. (Dollar amounts are in millions, except for the per share data.)
$$\begin{array} { | c | r | } \hline \text { Income statement data: } & \\\hline \text { Sales } & \$ 3,500 \\\hline \text { Cost of goods sold } & 1,890 \\\hline \text { Operating expenses } & 675 \\\hline \text { Profit } & \$ 115 \\\hline & \\\hline \text { Balance sheet data: } & \\\hline \text { Average total equity } & \$ 540 \\\hline \text { Average total assets } & \$ 4,400 \\\hline\end{array}$$
Per share data (these amounts stated in actual dollars, not millions) :
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 shares as trading at $81 per share.
-Refer to the above data. Noble's return on assets was:

• A) 2.6%
• B) 21%.
• C) 26%.
• D) Some other amount.

Analyze the influence of framing effects on decision-making, especially in health-related choices.

Assess the rationality behind strategic decisions in competitive and cooperative contexts.

Differentiate between rational and irrational actions in strategic decision-making.

Understand the importance and methodologies to enhance Leader-Member Exchanges (LMX) and team performance.

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Definitions:

Action Potentials

Electrical impulses that travel along the membrane of nerve cells, allowing them to communicate with other cells.

Presynaptic Terminals

The end points of nerve cells (neurons) where neurotransmitters are released to transmit signals to other neurons or muscles.

IPSP

Inhibitory postsynaptic potential; a synaptic potential that makes a postsynaptic neuron less likely to generate an action potential.

Hyperpolarizes

The process of increasing the negative charge within a neuron beyond its resting potential, making it less likely to fire an action potential.