Return on assets measures:
A. the amount of debt for each $1 of assets.
B. the amount of debt for each $1 of stockholders’ equity.
C. the amount of income generated for each $1 of assets.
D. the amount of income generated for each $1 of liabilities.
Ans: C. the amount of income generated for each $1 of assets.
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Departmental reports that contain many detailed figures and facts are conveyed best ________
A) through the socialization process B) verbally, because the receiver gets the information quicker C) informally in a social situation D) in writing because of complexity E) through an informal channel
The organizational charts that indicate who reports to whom represent the organization's:
A) division of labor. B) span of control. C) line and staff positions. D) hierarchy of authority.