Chou Cohas a Net Income of $43,000,assets at the Beginning of of the Year

question 120

Multiple Choice

Chou Co.has a net income of $43,000,assets at the beginning of the year are $250,000 and assets at the end of the year are $300,000.Compute its return on assets.

• A)8.4%
• B)17.2%
• C)14.3%
• D)15.6%
• E)1.5%

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Definitions:

Membrane Receptor

A cell membrane-bound protein or protein complex that transduces signals from outside the cell to the cell's interior, initiating a cellular response.

Isotonic

A solution having the same osmotic pressure as some other solution, typically that of a cell or body fluid, which prevents net movement of water across membranes.

Net Movement

The overall transfer or migration of substances or particles from one location to another, often described in terms of direction and magnitude.

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is the main constituent of Earth's hydrosphere and the fluids of all known living organisms.