Dew Point Demolitions,Inc

question 55

Multiple Choice

Dew Point Demolitions,Inc.generated a 1.23 total asset turnover in its latest fiscal year on assets of $2,112,077.The firm has total liabilities of $950,997.The firm's net profit margin was 10.3%.What is Dew Point's return on equity? Round to the nearest 0.1%.

• A)23.1%
• B)12.6%
• C)5.5%
• D)18.2%

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Definitions:

Organic Structures

Organic structures in organizations are flexible and decentralized forms of operation that allow for free flow of information and are adaptive to changes, encouraging innovation and collaboration.

Environments

Surroundings or conditions in which a person, animal, or plant lives or operates.

Mechanistic

Relating to a view of organizations that emphasizes structure, hierarchy, and a clear division of labor.

Independent Companies

Businesses that operate independently, without the control or influence from larger corporate chains or conglomerates.