Calculate the Return on Assets Given the Following Information: Common

question 212

Multiple Choice

Calculate the return on assets given the following information: common shares outstanding = 250,000; earning per share = $2.00; total assets = $2,000,000; total equity = $800,000.

• A) 21%
• B) 22%
• C) 23%
• D) 24%
• E) 25%

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Definitions:

Postconventional Morality

The highest stage in Kohlberg's model of moral development, in which individuals make ethical decisions based on universal principles of justice and rights.

Kohlberg

Refers to Lawrence Kohlberg, a psychologist known for his theory of moral development.

Investigative Commitment

refers to a deep and systematic engagement in exploring or examining a subject or phenomenon to gain insights or find answers.

Foreclosure Stage

A term from Erikson's theory of psychosocial development, indicating a period where an individual prematurely commits to an identity without adequately exploring alternatives.