Using the Following Data for Stevenson Industries Compute the Return

question 35

Multiple Choice

Using the following data for Stevenson Industries compute the return on assets. $\begin{array}{lr}\text { Net Income } & \$ 180,000 \\\text { Total Assets } 12 / 31 / 22 & 2,410,000 \\\text { Total Assets } 12 / 31 / 21 & 1,980,000 \\\text { Net Sales } & 250,000\end{array}$

• A)7.5%
• B)10.4%
• C)8.2%
• D)11.4%

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.