A Firm's Net Income for the Year Was $800,000

question 14

Multiple Choice

A firm's net income for the year was $800,000. Average assets totaled $6 million, and average liabilities totaled $1.2 million. Return on equity was:

• A) 13.3%
• B) 16.7%
• C) 10%
• D)20%

Recognize the role and impact of mental models on information processing and decision making.

Identify the importance of involving stakeholders in the creation of visions for organizational change.

Comprehend the necessity of diagnosing organizational problems before implementing change programs.

Become familiar with people-oriented actions leaders can take to successfully implement change.