FIGURE 142
Flum Packages, Inc -The Firm's Initial Annual Profits on Total Assets Is___________
A)

question 272

Multiple Choice

FIGURE 14.2
Flum Packages, Inc.

$\begin{array}{lrlr}\text { Assets }&&\text { Liabilities \& Equity }\\\hline \text { Current assets } & \$ 10,000 & \text { Current Liabilities } & \$ 5,000 \\\text { Fixed assets } & 20,000 & \text { Long-term debt } & 12,000 \\& & \text { Equity } & 13,000\\&----&&---\\\text { Total }&\$30,000&\text { Total }&\$30,000\\\end{array}$
-The firm's initial annual profits on total assets is___________

• A) $3,500
• B) $3,000
• C) $4,500
• D) $2,500

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