The Records of Marshall Company Include the Following The Return on Assets Is (Round to the Nearest Tenth

question 22

Multiple Choice

The records of Marshall Company include the following: $$\begin{array} { l r } \text { Average total assets } & \$ 3,500,000 \\\text { Average total liabilities } & 1,220,000 \\\text { Total revenue } & 4,580,000 \\\text { Total expense (including income tax) } & 4,100,000 \\\text { Interest expense (included in total expenses) } & 90,000 \\\text { Income tax rate 40\% } &\end{array}$$ The return on assets is (round to the nearest tenth of a percent)

• A)14.9%.
• B)18.3%.
• C)15.3%.
• D)14.7%.

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Definitions:

Portfolio Analysis

A process of assessing and evaluating a set of investments, assets, or projects to determine their performance and alignment with strategic goals.

Quadrants

The four sections created when a plane is divided by its x and y axes, commonly used in geometry and graphing.

Marketing Strategies

Plans and tactics used by companies to promote their products or services, aiming to reach a wider audience and increase sales.

Growth Strategy

A plan for business expansion, which may include entering new markets, launching new products, or increasing market share.