Use the Following Data to Answer Questions -If Fraggle Rock's Tax Rate Is 32%, the ROA for Year-End

question 83

Multiple Choice

Use the following data to answer questions .
From the year-end financial statements of Fraggle Rock Ltd: $$\begin{array} { l r c } & \text { Common } & \text { Preferred } \\\text { Average shareholders' equity } & \$ 1,500,000 & \$ 120,000 \\\text { Average number of shares outstanding } & 100,000 & 30,000 \\\text { Dividends paid } & 50,000 & 90,000 \\\text { Net Income } & \$ 340,000 \\\text { Interest expense } & \$ 22,000 \\\text { Average Total assets } & \$ 2,535,000\end{array}$$
-If Fraggle Rock's tax rate is 32%, the ROA for Fraggle Rock is closest to:

• A)12.8%
• B)13.1%
• C)13.7%
• D)14.0%

Recognize the concept of order cycle time and its impact on customer satisfaction.

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Learn about the lifetime value of customers and how good customer service impacts it.

Know the importance of ease of doing business with a company from the customer's perspective.

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Definitions:

Discouraged Workers

Individuals who would like to work but have given up looking for a job.

Marginally Attached Workers

Individuals who are not in the labor force, want and are available for work, and have looked for a job sometime in the past 12 months but not in the four weeks preceding the survey.

Bureau of Labor Statistics

The Bureau of Labor Statistics is a government agency that collects, analyzes, and disseminates various data related to employment, wages, and other economic indicators in the United States.

Official Unemployment Rate

The percentage of active job seekers within the labor force who are presently without a job.