Determine the Asset Intensity of a Venture with the Following

question 34

Multiple Choice

Determine the asset intensity of a venture with the following financial information: net profit = $22,000; revenues = $132,000; return on assets 30%.

• A) .05
• B) .56
• C) 1.8
• D) 20

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Definitions:

Virginia

A state located in the Southeastern and Mid-Atlantic regions of the United States, known for its significant contributions to the formation of the nation's history and government.

Puritans

A religious group in the 16th and 17th centuries advocating for purification of the Church of England from Roman Catholic practices.

English Civil War

A series of armed conflicts and political machinations between Parliamentarians ("Roundheads") and Royalists ("Cavaliers") over governance and authority in England during the mid-17th century.

Popé

A Tewa religious leader from present-day New Mexico who led a successful revolt against Spanish colonizers in 1680.