Calculate Total Asset Value Given the Following Information: ROA =

question 299

Multiple Choice

Calculate total asset value given the following information: ROA = 5%; Total equity = $600,000 and ROE = 8%.

• A) $960,000
• B) $1,100,000
• C) $1,200,000
• D) $1,300,000
• E) $1,400,000

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Definitions:

Division Revenues

The total income generated by a specific division or department within a company from its operational activities.

Sales Training

Instruction and development activities aimed at enhancing the skills, knowledge, and techniques of a sales force to improve their performance and efficiency.

Profit Center

A segment or division of a company that is treated as a separate unit for the purposes of calculating profitability, enabling the assessment of its contribution to the overall profit of the company.

Outsourced Training

The practice of using external providers to conduct training programs and activities for an organization's employees.