Castor Company Had Income of $10,000, Average Assets of $100,000

question 14

Multiple Choice

Castor Company had income of $10,000, average assets of $100,000 and sales of $40,000. What is Castor's ROI?

• A) 10%
• B) 20%
• C) 25%
• D) 0.4%
• E) 40%

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Definitions:

Rights

Entitlements or freedoms that are granted to individuals by law, tradition, or moral principles, protecting certain actions or states of being.

Surface-area-to-volume Ratios

a measure that describes how much surface area an object has relative to its volume, important in processes like heat exchange and chemical reactions.

Mercury

The closest planet to the Sun.

Asteroid Belt

A region of space located between the orbits of Mars and Jupiter filled with numerous asteroids or minor planets.