-Return on Operating Assets for 2005 Is:
A)7

question 74

Multiple Choice

$$\begin{array} { l r r } \text { Operating assets } & \underline { 2005 } & \underline { 2004 } \\\text { Short-term debt } & 10,500 & \$ 10,000 \\\text { Long-term debt } & 3,5000 & 1,000 \\\text { Minority interest } & 500 & 4,000 \\\text { Common equity } & 5,500 & 5,000 \\& & \\\text { Operating income } & 1,350 & \\\text { Interest expense } & 350 & \\\text { Tax expense } ( 40 \% ) & 400 & \\\text { Minority interest } & 50 & \\\text { Net income } & 550 &\end{array}$$
-Return on operating assets for 2005 is:

• A)7.9%.
• B)7.41%.
• C)8.78%.
• D)8.1%.

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Definitions:

Poverty Rate

The proportion of the population living below the poverty line, indicating the level of economic hardship in a society.

Public Assistance

Government programs designed to provide financial aid or services to individuals or families in need.

Social Insurance

A government-sponsored program designed to provide financial support to individuals in events such as unemployment, disability, or retirement.

Poverty Statistics

Numerical data and indicators that measure the proportion of the population living below a certain income threshold considered necessary for basic living standards.