Use the Table for the Question(s)below

question 63

Multiple Choice

Use the table for the question(s) below.
Consider the following income statement and other information:
Luther Corporation
Consolidated Income Statement
Year ended December 31 (in $ millions)
-Wyatt Oil has a net profit margin of 4.0%,a total asset turnover of 2.2,total assets of $525 million,and a book value of equity of $220 million.Wyatt Oil's current return-on-assets (ROA) is closest to:

• A)8.8%.
• B)9.5%.
• C)21.0%.
• D)22.8%.

---

Definitions:

Accompanying Figure

A visual element, such as a graph, chart, or diagram, provided alongside a text or publication to illustrate or clarify the information presented.

Primary Nitrogenous Waste

The main form of nitrogen-containing waste products excreted by living organisms, varying among species (e.g., urea, ammonia, uric acid).

Amphibians

A class of cold-blooded vertebrates that includes frogs, toads, newts, and salamanders, characterized by their life cycle stages both in water and on land.

Accompanying Figure

An illustration, chart, graph, or image that is provided alongside a text to complement, explain, or exemplify the information being discussed.