Reference: 12-05
the Holmes Division Recorded Operating Data as Follows

question 14

Multiple Choice

Reference: 12-05
The Holmes Division recorded operating data as follows for the past year: $$\begin{array} { | l | r | } \hline \text { Sales } & \$ 200,000 \\\hline \text { Net operating income } & 25,000 \\\hline \text { Average operating assets } & 100,000 \\\hline \text { Stockholders' equity } & 80,000 \\\hline \text { Residual income } & 13,000 \\\hline\end{array}$$
-For the past year, the return on investment was?

• A)25.00%
• B)15.75%.
• C)31.25%.
• D)20.50%.

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Definitions:

Proximate-Level Hypothesis

A theory aiming to explain the immediate causes of biological processes or behaviors, focusing on mechanisms such as genetics, physiology, and environment.

Circadian Rhythm

The internal biological clock that regulates the sleep-wake cycle and other physiological processes within a roughly 24-hour period.

Juvenile Hormone (JH)

A regulatory substance produced by certain insects, involved in the control of development, reproduction, and other physiological functions.

Messenger RNA (mRNA)

A type of RNA that carries genetic information from DNA to the ribosome, where it serves as a template for protein synthesis, playing a key role in the process of gene expression.