Lake inc. and river inc. reported net incomes of $800,000 and $1,000,000 respectively, for the most recent fiscal year. both companies had 200,000 shares of common stock issued for $10 per share, with all shares still outstanding. the market price per share of lake’s stock was $50, while river’s sold for $85 per share. what is lake inc.'s return-on-assets ratio?
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Ответ:
The correct option is performance.
Explanation:
In the business world, a training programme will be considered effective as long as it helps to enhance the performance of the workers. Training programmes are launched by companies in order to let the workers be aware of new tasks. The skills of workers are strengthened during the training programmes. Hence, a training programme will be considered effective if the performance of the workers is up to the mark and they are able to perform the prescribed tasks in a better way.