What Is the ROA of a Firm with $150,000 in Average

question 23

Multiple Choice

What is the ROA of a firm with $150,000 in average receivables, which represents 60 days sales, average assets of $750,000, and a profit margin of 9%?

• A) 7.50%
• B) 9.00%
• C) 10.95%
• D)16.70%

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Definitions:

Generalized Sense

A broad or widespread feeling or perception, not tied to specific instances or details, often reflecting a common or societal viewpoint.

Powerlessness

The sense of having little or no control over events.

Social Class

Persons who share a common status in society. One’s class standing may be based on occupational prestige and income.

Workplace Satisfaction

A measure of how content an individual is with their job, including aspects such as the nature of work, environment, and remuneration.