Reardon Enterprises Has Operating Income of $90,000

question 123

Multiple Choice

Reardon Enterprises has operating income of $90,000. Its return on investment (ROI) is 40%, while its target rate of return is 15%. The total assets of Reardon Enterprises would be closest to

• A)$36,000.
• B)$621,429.
• C)$225,000.
• D)$90,000.

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Definitions:

Nucleolus

The nucleolus is a dense region within the nucleus of a cell where ribosomal RNA is synthesized and assembled into ribosomes.

Protein Synthesis

The biological process by which cells build protein molecules based on genetic codes in the DNA and RNA.

Telomeres

Telomeres are the protective caps at the ends of chromosomes, which prevent the loss of genetic information during cell division and play a key role in cellular aging and cancer.