River Corp's Total Assets at the End of Last Year

question 56

Multiple Choice

River Corp's total assets at the end of last year were $415,000 and its net income was $32,750.What was its return on total assets?

• A)7.89%
• B)8.29%
• C)8.70%
• D)9.14%
• E)9.59%

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Definitions:

Bone Matrix

The extracellular substance of bone tissue, consisting of collagen fibers and ground substance that houses bone cells and mineral deposits.

Osteocytes

Mature bone cells that maintain bone tissue and are embedded in the bone matrix.

Lacunae

Small cavities within bone or cartilage tissue that house cells.

Compact Bone

The dense, hard outer layer of bone that gives it strength and structure.