The Net Income for the Year Ended Was $720,000; Total

question 15

Multiple Choice

The net income for the year ended was $720,000; total assets at the beginning of the year was $2,100,000; and total assets at the end of the was $2,300,000. The return on total assets would be

• A) 1.1%.
• B) 3.1%.
• C) 11.2%.
• D) 32.7%.

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Definitions:

Unconditioned Response

A natural, automatic reaction to a stimulus that occurs without prior learning or conditioning.

Conditioned Response

A learned response to a previously neutral stimulus that has become conditioned through association with an unconditioned stimulus.

Meat

The flesh of animals, including mammals, poultry, and fish, consumed as food by humans.

Conditioned Stimulus

A conditioned stimulus is a previously neutral stimulus that, after being associated with an unconditioned stimulus, elicits a conditioned response.