An Appliance Store Has Total Assets of $2,800,000,accounts Receivable of $900,000,accounts

question 44

Multiple Choice

An appliance store has total assets of $2,800,000,accounts receivable of $900,000,accounts payable of $700,000,inventory valued at $1,500,000,and total liabilities of $2,500,000.In 1999,its net sales were $2,100,000,and its operating profit margin equaled $42,000.Calculate the store's return on assets.

• A) 71.4 percent
• B) 2.8 percent
• C) 7.5 percent
• D) 1.5 percent
• E) 75 percent

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Definitions:

Memory Consolidation

The process by which short-term memories are transformed into long-term memories.

Long-Term Potentiation

An enduring increase in signal transmission between two neurons that results from stimulating them synchronously, believed to be a cellular mechanism for learning and memory.

Classically Conditioned Associations

Refers to the learning process that occurs when two stimuli are repeatedly paired together; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Cerebellum

is a part of the brain that plays a major role in motor control, balance, coordination, and fine-tuning of movements.