Use the Following Information to Answer Questions

question 26

Multiple Choice

Use the following information to answer questions
Green Thumb Garden Supplies reported the following information for 2021 and 2022:

-What is the return on assets for 2022?

• A)27.1%
• B)10.0%
• C)9.2%
• D)8.6%

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Definitions:

Par Common Stock

The face value assigned to common stock shares, representing the minimum amount that can be credited to share capital; it is not necessarily indicative of the market value.

Journalize

The act of recording business transactions in the journal, noting the accounts affected and their debits and credits.

Paid-In Capital

The total amount of money shareholders have invested in the company through the purchase of its stock.

Par

The face value of a bond or other financial instrument, often used in reference to its original issue value.