Calculate the Return on Assets Given the Following Information: Common

question 126

Multiple Choice

Calculate the return on assets given the following information: common shares outstanding = 300,000; earning per share = $4.00; total assets = $5,000,000; total equity = $3,000,000.

• A) 20%
• B) 21%
• C) 22%
• D) 23%
• E) 24%

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Definitions:

Subjective

Refers to anything based on or influenced by personal feelings, tastes, or opinions, rather than external facts or evidence.

Positivist Perspective

An approach in sociology and criminology that emphasizes the use of empirical evidence to understand and change human behavior.

Voluntary Act

An action undertaken by an individual based on their free will or decision, without coercion.

Human Volition

The capacity or power of human beings to make choices or decisions freely, often considered as an aspect of human agency or free will.