Compoform's Net Income for the Year Was $320,000

question 27

Multiple Choice

Compoform's net income for the year was $320,000.Average liabilities totaled $1.6 million and average stockholders' equity totaled $2.4 million.Return on investment (ROI) was:

• A)8.0%
• B)13.3%
• C)20.0%
• D)40.0%

---

Definitions:

Daytime Television

Television programming that is broadcast during the daytime hours, often targeting audiences at home during the day such as homemakers or the unemployed.

Mass Media

The means of communication that reach large numbers of people, such as newspapers, television, and the internet, influencing public opinion and social norms.

Short-Term Escape

A temporary relief or distraction from daily routine or problems, often through activities or short trips.

Acceptable Boundaries

Agreed-upon limits in relationships or interactions that respect individuals' comfort levels and rights, promoting healthy dynamics.