Use the Following Information for Questions -The Return on Assets Is Closest To:
A)2

question 2

Multiple Choice

Use the following information for questions: $$\begin{array} { l r l r } \text { Revenues } & \$ 50,000 & \text { Beginning liabilities } & \$ 245,000 \\\text { Cost of goods sold } & 35,000 & \text { Ending assets } & 450,000 \\\text { Operating expenses } & 5,500 & \text { Ending liabilities } & 255,000 \\\text { Beginning assets } & 350,000 & &\end{array}$$
-The return on assets is closest to:

• A)2.1%
• B)2.4%
• C)3.75%
• D)11.13%

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Definitions:

Crisis Resolution

The process of identifying, confronting, and resolving psychological, social, or economic emergencies, restoring stability and equilibrium.

Favorable Outcome

A result or end-point that is beneficial, positive, or desirable in nature, often in the context of goals, plans, or expectations.

Maslow's Needs

A hierarchy of human needs proposed by Abraham Maslow, suggesting people are motivated to fulfill basic needs before moving on to other, more advanced needs.

Needs Fulfillment

The process of satisfying fundamental human needs, such as those for food, shelter, companionship, and esteem, which are essential for well-being and personal development.