Calculate Return on Assets from the Following Information: Net Income

question 126

Multiple Choice

Calculate return on assets from the following information: Net income $1,800,000
Current Assets $350,000
Land and building $250,000

• A) 1:1
• B) 3:2
• C) 4:1
• D) 2:2
• E) 3:1

Comprehend the role and mechanism of behaviourally targeted advertisements.

Recognize the importance of credibility and trust in persuasive communication.

Identify the characteristics and importance of brand advocates in marketing.

Understand the legal framework regulating advertising practices.

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Definitions:

Forming Department

A division within a manufacturing process where raw materials begin their transformation into finished products, typically through shaping or molding.

Materials Cost

The total expense of materials used in the production of a product, including direct materials and any additional materials necessary for production.

Conversion Costs

The combined costs of direct labor and manufacturing overheads incurred to convert raw materials into finished goods.

Weighted-Average Method

An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all inventory items, weighted by the quantity of each item.